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Decentralized Democracy

House Hansard - 267

44th Parl. 1st Sess.
December 13, 2023 02:00PM
  • Dec/13/23 2:25:27 p.m.
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Mr. Speaker, after eight years, this Prime Minister is not worth the cost of the debt for Canadian families. He said that the government was going to go into debt so that Canadians would not have to. However, today, we learned that Canadian families are now spending more on interest on their own debt than ever before in the history of the country. They are spending more than what American families were during the 2008 financial crisis. Will the Prime Minister finally reverse the inflationary policies and taxes that are driving families into debt and forcing them to give more to bankers and spend less on groceries?
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  • Dec/13/23 2:26:48 p.m.
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Mr. Speaker, that is yet another example. The Prime Minister has had eight years to build that bypass, but has not even begun to do so. That is so typical of this Prime Minister, who makes announcements and spends loads of money but produces zero results. The same goes for affordability. He spent $87 billion on housing affordability, but that just doubled the cost. According to the Bank of Canada, the cost of housing is the worst it has been in 41 years. Will the Prime Minister finally reverse his inflationary policies, which have doubled the cost of housing for Canadians?
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  • Dec/13/23 2:28:10 p.m.
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Mr. Speaker, for eight years, the Prime Minister and NDP-Liberal government have not been worth the cost. He said that he was taking on all this debt so that Canadians would not have to. Now we learn that Canadians are spending more on household debt interest than at any time in Canadian history, more than the American families were during the 2008 financial crisis, which almost brought down the global economy. Will the Prime Minister reverse the inflationary, high-tax policies that have indebted Canadians and driven up their interest rates?
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  • Dec/13/23 4:33:06 p.m.
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Mr. Speaker, I want to be clear. While I always appreciate the hon. member trying to put his own spin on things, what I said was that this is as a result of a study by Dr. Sylvain Charlebois of Dalhousie University. These are not numbers I am picking out of the sky. I will try to find the quote for the hon. member for Winnipeg North. It must drive him crazy to find out that there are numbers and we make decisions based on data. Dr. Sylvain Charlebois has forecast that inflationary pressures and uncompetitive policies, like the carbon tax, on growing, processing and transporting food will increase the cost of wholesale food by 34% on average for all food categories by 2025.
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