SoVote

Decentralized Democracy

House Hansard - 295

44th Parl. 1st Sess.
April 8, 2024 11:00AM
Context: House Hansard - 295 - Apr/8/24
Mr. Greg McLean (Calgary Centre, CPC)
  • Apr/8/24 2:58:26 p.m.
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Mr. Speaker, Canadians are clear on the two most important economic issues we face, inflation and high interest rates. They understand that government deficits cause inflation. Runaway deficits cause runaway inflation. This year's deficit is expected to be $47 billion, $7 billion higher than forecast. To say this is a runaway is an understatement. The Bank of Canada's governor has been clear that deficits are the main factor keeping interest rates high. Will the Prime Minister cap his runaway spending with a dollar-for-dollar rule to bring down interest rates and inflation?
95 words
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Context: House Hansard - 295 - Apr/8/24
Mr. Greg McLean (Calgary Centre, CPC)
  • Apr/8/24 2:59:51 p.m.
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Mr. Speaker, the Liberal government is just throwing taxpayer money at a wall without any thought about execution, and it is making matters worse for Canadians. It is a whack-a-mole approach to economic policy. Obviously, after eight years of the NDP-Liberal government, Canadians cannot afford the Prime Minister, his excess spending or his corruption. Scotiabank says that rate cuts could be delayed by high government spending. Next week, the Minister of Finance will table her budget. It is time for the deficits to stop. Will the minister commit to a dollar-for-dollar reduction in order to bring inflation and interest rates under control?
107 words
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  • Rabble!
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