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Decentralized Democracy

House Hansard - 295

44th Parl. 1st Sess.
April 8, 2024 11:00AM
Context: House Hansard - 295 - Apr/8/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/8/24 2:23:12 p.m.
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Mr. Speaker, while the common-sense Conservatives want to fix the budget to bring down inflation and interest rates, the Prime Minister is not worth the cost of mortgages. According to Scotiabank's chief economist, this Prime Minister's inflationary deficits are increasing interest rates by 2% and preventing the Bank of Canada from lowering them. Canadians could lose their homes because of big multi-billion dollar announcements of inflationary spending. Will the Prime Minister acknowledge that this spending and these mortgages are not worth the cost?
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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?
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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?
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Context: House Hansard - 295 - Apr/8/24
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Apr/8/24 3:01:14 p.m.
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Mr. Speaker, what is keeping interest rates so high is Liberal deficit spending. That is what. Now we can add Scotiabank to the long list of economists saying that after eight years, the NDP-Liberal government is not worth the cost. Record-high deficits are keeping housing, food and fuel at record-high prices. Will the Prime Minister fix the budget and adopt our common-sense Conservative policy by bringing in a dollar-for-dollar rule to bring down inflation and interest rates?
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