SoVote

Decentralized Democracy

House Hansard - 295

44th Parl. 1st Sess.
April 8, 2024 11:00AM
Context: House Hansard - 295 - Apr/8/24
Mr. Garnett Genuis
  • Apr/8/24 12:58:42 p.m.
  • Watch
Madam Speaker, it is hard to predict the timeline, but I have a great deal of hope about the critical steps that a Conservative government would take to fix the budget, and that includes establishing a dollar-for-dollar rule. This is common sense, that if a government is going to spend a dollar on something new, it should be able to explain where that dollar is coming from. Those NDP-Liberal coalition partners are keen to announce all kinds of new spending initiatives, but they never explain where the money is going to come from. Clearly, in all of these new spending proposals, and, in many cases, I do not think they are serious about doing them, they promise new spending that will kick in at some distant point in the future. In every case, where the money is actually spent, it is digging us further into deep debt. Beyond that, we have this flow of wasteful spending, the middle-man consultants, the management consultants who have done so well under the government. If we instituted a dollar-for-dollar rule, this will get us back on track to understand that if we are going to spend a dollar on something, it has to come from somewhere.
208 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 295 - Apr/8/24
Mr. Greg McLean (Calgary Centre, CPC)
  • Apr/8/24 2:58:26 p.m.
  • Watch
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
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 295 - Apr/8/24
Mr. Greg McLean (Calgary Centre, CPC)
  • Apr/8/24 2:59:51 p.m.
  • Watch
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
  • Hear!
  • Rabble!
  • star_border