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Decentralized Democracy

House Hansard - 237

44th Parl. 1st Sess.
October 23, 2023 11:00AM
  • Oct/23/23 2:18:12 p.m.
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Mr. Speaker, last week I counted 158 times that Conservatives claimed things that demonstrated they were, let us say, factually perplexed. It is like the Liberal-NDP agreement of 18 months ago that delivers important help for Canadians. Conservatives turned that into a “coalition”. Then they mutated that into a “Liberal-NDP government”. Then they said, “an eight-year Liberal-NDP government”. Really? We have told them a million times to quit exaggerating. Conservatives blame the price on pollution for high food prices. I checked, and no big grocery CEOs are selling pencils on street corners. I am sorry, but there is no $120 Tory turkey driving those mega grocery profits either. Conservatives preach again and again that deficits, less than 1% of Canada's GDP, drive inflation. Either they do not really know what causes inflation, which makes the Conservatives far too risky, or they do know and they are deliberately, dangerously deceptive.
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  • Oct/23/23 2:19:47 p.m.
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Mr. Speaker, after eight years, this Prime Minister is not worth the cost. The cost of housing has doubled since he took office. The CMHC said that there has been a 63% increase in the number of Canadians who are using alternative loans. They pay as much as 15% per year for these alternative mortgages. Will the Prime Minister finally bring down his inflationary deficits to allow the Bank of Canada to lower interest rates so that Canadians can keep their homes?
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  • Oct/23/23 2:31:50 p.m.
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Mr. Speaker, after eight years of the Liberal-NDP government, nearly half of all Canadians with a mortgage say that they are having a tough time paying it. The Prime Minister told us that interest rates would stay low forever, but his reckless spending and higher taxes have caused rates to skyrocket faster than ever. Now struggling families are paying the price. Young people cannot even imagine getting in. There is a mortgage crisis on the horizon until the Prime Minister reins it in. When will he stop the inflationary deficits and balance the budget so Canadians can keep their homes?
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  • Oct/23/23 2:34:44 p.m.
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Mr. Speaker, after eight years of the Liberal-NDP government, spending is out of control and inflationary deficits are pushing up mortgage costs. The Parliamentary Budget Officer says that the deficit this year will increase to over $46 billion. Everyone now agrees that spending is driving interest rates. Every month, 70,000 households are renewing their mortgage and they are realizing that the Prime Minister is not worth the cost. Will the government rein in inflationary deficits and put forth a plan to balance the budget so Canadians can keep their homes?
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