44th Parl. 1st Sess.
April 16, 2024 10:00AM
- Apr/16/24 2:11:24 p.m.
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Mr. Speaker, there are two sureties with this tax-and-spend Liberal government: high taxes and high spending. The results of those have been high inflation and high interest rates, which means Canadians are facing an affordability crisis with food prices and housing costs that are out of control. However, it is much worse than that. After this budget, Canadians are going to see higher taxes, higher prices and higher debt, with the carbon tax hurting our farmers and our citizens and with the worst housing crisis in a generation, with tent cities across this whole country and spending that is out of control on programs that are actually worse.
Margaret Thatcher said it best when she said, “The problem with [this sort of government] is that you eventually run out of other people's money.”
It is easy to fix, so easy that even a toddler could get it, because it is as easy as A, B, C: Axe the tax, build the homes and cap the spending. Let us get the grown-ups in government, and let us bring it home.
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- Apr/16/24 2:23:04 p.m.
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Mr. Speaker, they have definitely proven that. Their slogan for the last eight years is that they can double the debt and someone else will just pay the bill, but we know who pays. Every single time, it is welders, waitresses, seniors, small businesses and single mothers who have faced doubling housing costs and unaffordable food. Now, the Liberals' solution is to do more of the same and pour on billions of dollars more of inflationary spending that will drive up interest rates, inflation and taxes.
Why would we expect it to be any different this time?
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- Apr/16/24 2:24:15 p.m.
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Mr. Speaker, everything she just listed are slogans on which the Liberals have not delivered. What they have delivered is that they have doubled the debt, which has caused the worst inflation in 40 years, interest rates rising faster than at any time in history, the doubling of housing costs, the worst growth in the G7 and the worst housing price inflation in that same group of nations. Today, after all of these devastatingly costly results, what do they do? The same thing that got us into this problem in the first place.
Why will they not realize they are the problem and not the solution?
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- Apr/16/24 2:33:59 p.m.
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Mr. Speaker, after eight years, we know that the Prime Minister and his NDP-Liberal government are not worth the cost.
His recent spending spree is inflationary and makes everything worse, adding billions to the debt. This year alone, the Liberals will throw $52 billion towards debt servicing. That is more than is allocated to the provinces for health care.
Does the Prime Minister not see that his reckless spending is increasing inflation and debt, burdening all generations of already struggling Canadians, or is he too busy cutting cheques to care?
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- Apr/16/24 2:36:49 p.m.
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Mr. Speaker, if we want to lower inflation and enable the Bank of Canada to reduce interest rates, we have limited options.
We need to cap spending by applying the dollar-for-dollar rule. If we spend a dollar, we have to find a way to save a dollar. It is simple. That is how ordinary Canadians manage their household budgets. That is how every minister in this government should run their department.
Will the Prime Minister cap spending in his upcoming budget to bring down inflation and interest rates?
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- Apr/16/24 2:38:00 p.m.
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Mr. Speaker, we are calling for three things today. It is not complicated.
One of the three things the Conservative Party is calling for is to build homes, not bureaucracy. The government insists on announcing inflationary measures that are costing Canadian taxpayers billions of dollars and only serve to increase inflation and the cost of living. Even David Dodge, the former Liberal governor of the Bank of Canada, has predicted that this will be the worst budget since 1982.
Will the Prime Minister commit to heeding the calls of the Leader of the Opposition and building homes, not bureaucracy?
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- Apr/16/24 2:55:46 p.m.
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Mr. Speaker, after eight years, this Liberal government is not worth the cost. After eight years of astronomical deficits and spiralling debt, this government has never managed to control spending. This is a perfect recipe for inflation.
Canadians know what inflation is. Rents have doubled. Mortgages have doubled. Things have reached a point where it is cheaper to stay in a motel than have an apartment.
At the very least, will there be a plan, if only to control spending, later on when the budget is tabled?
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- Apr/16/24 4:49:28 p.m.
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Mr. Speaker, common-sense Conservatives told the Liberal-NDP Prime Minister to stop his spending, his deficits, inflation and his tax hikes, but the Prime Minister blew right through that stop sign, dumping $40 billion of fuel on the inflationary fire, which he started.
This photo op budget would do nothing for average Canadians, who cannot afford a home and groceries today. Will the finance minister tell us how much each Canadian household is on the hook for, for the $54 billion just in interest charges on the Prime Minister's debt?
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- Apr/16/24 4:50:07 p.m.
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Mr. Speaker, let me share with the member opposite the good news we got today, which is that inflation for March was 2.9%. For three months in a row, inflation in Canada has been within the Bank of Canada's target range. Thanks to Canadians, that is very good news for our country.
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