SoVote

Context: House Hansard - 266 - Dec/12/23

Dec/12/23 1:15:07 p.m.
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Madam Speaker, as I mentioned, this agreement will certainly be good for the economy. For Quebec, I think that there are interesting prospects in the sports and engineering industries. Of course, the agreement will also promote trade, which will also be good for Ukrainians and their country. However, I will reiterate that I do not understand why Canada elevated multinationals to the status of sovereign powers. Since the North American Free Trade Agreement was replaced by the Canada-United States-Mexico Agreement, there is no reason for this. That is why I asked that we vote separately on that particular aspect. I voted against that aspect.

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Context: House Hansard - 266 - Dec/12/23

Mrs. Sophie Chatel (Pontiac, Lib.)

Dec/12/23 2:03:03 p.m.
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Madam Speaker, supporting women so they can claim their full and proper place in the economy is not just the right thing to do, it is the smart thing to do. Are members aware that, by promoting women's participation in the economy, we could increase our GDP by $150 billion? Unfortunately, only 17% of SMEs are currently owned by women. That is why I was so proud to vote in favour of the women entrepreneurship strategy. Of course, that vote took place in the middle of the night, while half the Conservatives were tucked away in their beds. The other half of the Conservatives voted against it. Am I surprised? No, because a party made up of only 18% women cannot represent women in Canada.

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Context: House Hansard - 266 - Dec/12/23

Hon. Pierre Poilievre

Dec/12/23 5:23:39 p.m.
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Mr. Speaker, I love how when the first nations people do extraordinary things, Liberals show up to take all the credit. The member reminds me of the rooster who thought that just because he crowed when the sun came up, he made the sun come up. He did not make the sun come up; he just crowed about it. It is actually the first nations people who are building this project, and it is a shame that Liberals try to take credit for it. If we could just get the Liberals and the government out of the way, we could do many more great things because we know that, prior to the current government, housing was affordable in this country, taking a fraction out of a family paycheque to afford a home. The good thing is that housing was not like this before this Prime Minister and it will not be like this after he is gone. The second cause of the housing hell, which I pointed out in my documentary, was the rampant money printing that the government unleashed. While it was technically done by the Bank of Canada, it was clearly in total collaboration with the elected government and with the total support and the lack of discipline from the government to print $600 billion. The government has created 32% more cash in a period of time when the economy has grown by 4%. In other words, the cash is growing eight times faster than the stuff the cash buys. The Liberals did this through a program called quantitative easing, where the government sells bonds to the private sector and the Bank of Canada buys them right back at a higher price, profiting the financial institutions, freeing up easy money for government to spend, but also flooding the financial markets with easy cash that is lent out to wealthy investors. In my documentary, I use a Bank of Canada graph demonstrating the total liftoff in the number of homes bought by investors that happened exactly—

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Context: House Hansard - 266 - Dec/12/23

Hon. Pierre Poilievre

Dec/12/23 5:26:53 p.m.
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Mr. Speaker, there is no limit to my speaking time, just like there is no limit to Canada's potential, if only we had some common sense. The reality is that when we create $600 billion of cash and we flood it into the financial system, that money is then lent out to those who have connections to that system, and those people bid up the cost for everybody else. That is why, in the early months of the pandemic when everything was crashing, the billionaires were suddenly getting richer. Why were they getting richer? The economy was crashing. Well, of course, all of their asset values were being inflated by insane money printing supported by every party in the House except for ours. Ours was the only one that worried that this crazy money printing would do exactly what it has done every single time it has been tried. When I produced the evidence of this in the documentary, all of the “bought and paid for” media said, “Oh, this is an outrageous explanation”, but they have not once provided a shred of evidence that it is not true. Look at the graphs the Bank of Canada itself produced. It demonstrates there was a massive flooding of cash into the real estate market through the vector of the same financial institutions that had profited off of quantitative easing. I find it interesting that the NDP, which claims to be so concerned about the gap between rich and poor, saw absolutely no problem with the government creating all of this cash and pumping it into a select group of financial institutions, which happen to have the privilege of being members of Payments Canada. They had been eligible to receive the cash before anyone else and before it lost its value, and saw all of their net worth explode all of the stock values artificially pumped up. Then the resulting consumer price inflation chewed up the paycheques of the working poor. It was a direct transfer of wealth from the have-nots to the have-yachts, and the NDP supported it 100%. NDP members talk about these little, itty-bitty wealth taxes that they claim to want to bring in that amount to $100 million here and $1 billion there when we are talking about $600 billion that was flooded into the financial system to the benefit of the wealthiest—

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