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Decentralized Democracy

House Hansard - 297

44th Parl. 1st Sess.
April 10, 2024 02:00PM
Context: House Hansard - 297 - Apr/10/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/10/24 2:22:35 p.m.
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Mr. Speaker, this Prime Minister's incompetence is not worth the cost. His actions and overspending at the federal level have made a mess of inflation, interest rates, the military, immigration and the list goes on. Instead of cleaning up his own mess at the federal level, he is creating other problems with costly announcements and meddling in provincial jurisdictions. Why is the Prime Minister imposing his incompetence on Quebec's jurisdictions?
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Context: House Hansard - 297 - Apr/10/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/10/24 2:23:51 p.m.
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Mr. Speaker, when I was minister, the cost of housing was half of what it is today, and hundreds of thousands of housing units were being built with low interest rates. Today we learned that the Bank of Canada will not be lowering interest rates. Why is that? The Bank of Canada Governor said that if the government spends too much, the bank will be forced to keep interest rates high, which will force people into bankruptcy. Will the Prime Minister accept my common-sense plan to fix the budget with a dollar-for-dollar rule to bring down interest rates?
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Context: House Hansard - 297 - Apr/10/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/10/24 2:25:09 p.m.
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Mr. Speaker, I will never apologize for keeping housing costs low when I was the minister of housing, but if someone was hoping for some interest rate relief today, as a mortgage holder or as someone with a small business loan or a line of credit, they got some bad news: The Prime Minister is not worth the cost. Rates are staying high long because, as the Governor of the Bank of Canada said, if government spending grows, then interest rates will have to stay high to combat the resulting inflation. Why will the Prime Minister not accept my common-sense plan to fix the budget with a dollar-for-dollar law to bring down rates?
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Context: House Hansard - 297 - Apr/10/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/10/24 2:26:27 p.m.
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Mr. Speaker, every day is not a great day when someone is living in a tent city or has had their mortgage double, or when they are part of a family for whom one in four children cannot get enough food, and the Liberals put forward a food program that does not have any food. Instead, what they have done is doubled the national debt and driven up interest rates. Today we learned that the Bank of Canada is unable to bring rates down because the Prime Minister continues to make massive multi-billion-dollar inflationary spending. Why will the Prime Minister not follow my common-sense plan to bring down the deficit and the rates?
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Context: House Hansard - 297 - Apr/10/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/10/24 2:27:50 p.m.
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Mr. Speaker, we are finding out today from the Bank of Canada that the Prime Minister is not worth the cost. In September, the bank governor said that if government spending were to grow, then interest rates would have to stay high. That was echoed by the former bank governor and incoming Liberal leader, Mark Carney, who indicated that he does not expect rates to fall quickly, and that it is partly because of a lack of fiscal discipline. If the Prime Minister will not listen to me, why will he not listen to his successor and understand that he is not worth the cost of high interest rates?
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