SoVote

Decentralized Democracy

House Hansard - 266

44th Parl. 1st Sess.
December 12, 2023 10:00AM
Context: House Hansard - 266 - Dec/12/23
Mr. Stephen Ellis (Cumberland—Colchester, CPC)
  • Dec/12/23 3:02:12 p.m.
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Mr. Speaker, clearly, according to that member, Canadians have never had it so good. Sadly, every day we hear from Canadians who are selling their homes because they cannot afford their mortgages, who are visiting food banks because they cannot afford to eat and who are spending most of the day in bed with the covers pulled up because they cannot afford home heating fuel. After eight years of the NDP-Liberal government, this is the situation for Canadians in our great country. The Prime Minister and that member are not worth the cost. Once again, on behalf of all Canadians, will the Prime Minister cancel his plan to quadruple the tax on families, first nations and farmers forever?
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Context: House Hansard - 266 - Dec/12/23
Mr. Clifford Small (Coast of Bays—Central—Notre Dame, CPC)
Mr. Speaker, I will tell this House what she supports. She supports seals in rivers. She did not vote for Bill C-251. Food bank usage at Memorial University in St. John's has nearly tripled since last year. Groceries have increased. Students and families cannot afford them, thanks to the carbon tax. Christmas is not far away and many folks cannot afford Christmas dinner this year. After eight years, the NDP-Liberal government is not worth the cost. Will the Prime Minister cancel his plan to quadruple the tax on families, first nations and farmers?
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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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