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Decentralized Democracy

House Hansard - 298

44th Parl. 1st Sess.
April 11, 2024 10:00AM
Context: House Hansard - 298 - Apr/11/24
Mr. Mel Arnold (North Okanagan—Shuswap, CPC)
  • Apr/11/24 2:16:53 p.m.
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Mr. Speaker, after eight years, the Prime Minister has shamelessly delivered record high deficits, driving up inflation and causing sky-high interest rates. His government has doubled rent, mortgage payments and down payments. Food banks received a record 2 million visits in a single month last year, and a million more are expected to use food banks this year. He has added more to the national debt than all previous prime ministers combined. While life has gotten worse for Canadians, the PM is spending more than ever. Now, a leading economist says that rate cuts may be delayed because of high government spending. We saw that this week, when the Bank of Canada held its rate in efforts to maintain its policy of quantitative tightening. Canadians are seeing that the Prime Minister is not worth the cost. Will the Prime Minister cap his spending with a dollar-for-dollar rule and bring down interest rates and inflation, or will he continue to make Canadians pay for his failures?
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