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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
  • Oct/17/23 11:08:07 a.m.
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Mr. Speaker, it is always insightful hearing the member speak. I notice that he takes up a lot of space to speak in the House, where his other colleagues do not seem to rise to the occasion. I appreciate that he is there to do that. One thing we have to acknowledge is that inflation hurts Canadians badly. We know this. Who does inflation help? I think he has to acknowledge that it helps the government in so many ways. The government gets to raise more money from the increased activity, the increased taxes, that it imposes upon Canadians. It does not raise the base level of exemptions that happen in that respect. For instance, a house used to have a GST exemption of $350,000 when it was first built and when GST was implemented in the late 1980s. It is still $350,000, because that GST rebate has not risen. That is a problem and the government continues to collect that GST. When is it actually going to stop collecting so many taxes and start inflating the exemptions it gives Canadians?
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  • Oct/17/23 11:25:07 a.m.
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Mr. Speaker, I think that the member's speech is the best I have heard from a Bloc Québécois MP. It was an economic speech that criticized the Liberal government for its spending, which is causing inflation across the country. However, he then mentioned a statistic that comes from the New Democratic Party about the $88‑billion subsidies to the oil companies. Is he prepared to talk about where exactly he got that statistic? What is the source of the information he referred to?
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  • Oct/17/23 11:39:49 a.m.
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Mr. Speaker, apparently my Bloc Québécois colleague reiterated the hoax, the misinformation that his colleague was spreading, namely that the oil industry receives subsidies from this government. However, according to the Organization of Petroleum Exporting Countries, in 2021, Canada gave the oil sector only $7 million in subsidies. That is the lowest rate among 38 countries worldwide. Would my colleague like to repeat that misinformation and provide his source?
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  • Oct/17/23 1:47:23 p.m.
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Madam Speaker, I appreciate that my colleague always brings high-mindedness and elegance to his debate in this House of Commons. However, today in his speech, he talked about economic and financial numbers again. I know he is way out of his depth whenever it comes to those debate points. He talked about our debt-to-GDP being 14%. Nobody says Canada's debt-to-GDP is 14%. As a matter of fact, he can google it himself. Canada's combined provincial federal debt is $2.1 trillion, and our GDP is about $2.3 trillion. It is almost the same. It is almost 100%, much like the other countries he brought up and referred to. Would he take a lesson in this and say that, yes, it is much higher than 14% and, therefore, must be addressed? Can we do it with this bill?
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