44th Parl. 1st Sess.
April 8, 2024 11:00AM
- Apr/8/24 11:30:26 a.m.
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Mr. Speaker, I want to sing the praises of my colleague for Cowichan—Malahat—Langford. He has been doggedly determined in every role that he has taken on to ensure that Canadians get value for money and that Canadians get the services they really deserve. I want to congratulate him on being our long-time agriculture critic, and for fighting the good fight against corporate CEOs, who have been dramatically inflating food prices, as our food price critic. He has just been named public safety critic, so he now has three hats, but I know he will perform each role extraordinarily well.
Coming back to the issue of food price inflation, I note that we have seen the tendency of both the Liberals and the Conservatives to rely on lobbying and have seen their refusal, really, to call on the big supermarket chains for the grossly inflated food price gouging taking place. I know the member has played a preponderant role in fighting back against that.
In B.C., we have an expression: “Liberal, Tory, same old story”. Tragically, the ETS scandal, which was one of the most egregious scandals in Canadian history, was never really fully investigated because the Conservatives had a majority. I think it is fair to say that the Liberals have been in a minority Parliament and have been more amenable to getting to the bottom of the ArriveCan app, which is really important. However, it is $60 million, not $400 million, but it is still important. Every million dollars that is misspent is a million dollars that cannot be spent on services to provide support for seniors, for families with kids and for a wide variety of people with disabilities. We need to ensure that we are effectively using our resources, and this is where my colleague for Cowichan—Malahat—Langford hits the nail on the head.
More and more, we are farming out money to corporate consultants at massive expenditures. When the corporate sector takes things on, we see wildly inflated prices. We see this with food price gouging. We see this with gas price gouging with a 30¢ a litre increase over the last few weeks, which is unjustified. However, because there is only a small number in British Columbia that actually provide gas to the market, they can do that with impunity.
The member asked what an NDP government would do differently. We are not beholden to lobbyists, unlike the two old parties. We believe in absolutely ensuring that the public gets the best possible services and the best possible supports, including consumer support.
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- Apr/8/24 2:13:12 p.m.
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Mr. Speaker, the Financial Post headline says it all. Scotiabank reports that the Bank of Canada rate cuts could be delayed due to high government spending.
Under the Prime Minister, our national debt has more than doubled, more than all other prime ministers combined. The consequences are spiralling inflation and skyrocketing interest rates hitting every single Canadian family. Rents and mortgages have doubled. Food banks see record visits in the millions. Where is the Liberal government? It is MIA, missing in action.
This year alone, Canada will spend $46.5 billion just to service the growing debt. That is more than we spend on health care annually in the entire country.
After eight years of the NDP-Liberal government, common-sense Conservatives demand a dollar-for-dollar rule, for every new dollar spent, a dollar has to be found and saved. It is common sense. We need to stop the reckless overspending, stop inflation and stop punishing Canadian families. After all, this is how Canadian families balance their own budgets every single month,
Enough is enough. My constituents know that the Prime Minister is just not worth the cost, and after the next carbon tax election, we will finally have a Conservative government.
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- Apr/8/24 2:22:06 p.m.
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Mr. Speaker, while the common-sense Conservatives want to axe the tax, build the homes, fix the budget and stop the crime, the Prime Minister is not worth the cost.
When it comes to inflation, after eight years, the Prime Minister is like a pyromaniac firefighter who is spraying gas instead of water on the inflationary fire. Does the Prime Minister realize that his billions of dollars in spending are putting the heat and the costs on taxpayers?
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- 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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- Apr/8/24 2:24:30 p.m.
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Mr. Speaker, we do have a common-sense Conservative plan to axe the tax, build the homes, fix the budget and stop the crime while the Prime Minister is not worth the cost after eight years.
On inflation, with all of his multi-billion dollar announcements, he is like the pyromaniac pretending to be a fireman, except the hose is spraying gas on the inflationary fire, rather than water. According to Scotiabank's chief economist, the inflationary deficits are driving up mortgage payments.
Does the Prime Minister not realize that all of his spending is putting the heat and the costs on our homeowners?
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- Apr/8/24 2:25:39 p.m.
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Mr. Speaker, our plan is to axe the tax and cap the spending to bring down inflation and interest rates. We will have a carbon tax election, and people will choose whether they want to quadruple the tax to 61¢ with the NDP and the Prime Minister, or axe the tax under my common-sense leadership. In the meantime, people cannot afford to eat.
Will the Prime Minister show a little bit of compassion and accept my common-sense demand to axe the tax on farmers and food?
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- Apr/8/24 2:39:08 p.m.
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Mr. Speaker, over the past week, we have seen nothing but photo ops.
It is worth reminding the minister that the current programs are being announced as if they are brand new, but they have been around since 2017. Since 2017, practically nothing has been done with these programs. Once again, the Liberals are resorting to photo ops in an effort to raise their profile, but it is not working. All we have seen for eight years is out-of-control spending.
Will the Prime Minister finally listen to the Governor of the Bank of Canada and stop his out-of-control spending, which is only driving up inflation and interest rates?
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- 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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- 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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- 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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