SoVote

Decentralized Democracy

House Hansard - 304

44th Parl. 1st Sess.
April 29, 2024 11:00AM
Context: House Hansard - 304 - Apr/29/24
Mr. Mario Simard
  • Apr/29/24 1:07:58 p.m.
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Mr. Speaker, the first thing we can do is try to diversify our economy, certainly. Today, there are massive investments of public money in something that is doomed to fail, namely carbon capture and storage strategies and efforts to try to make oil cleaner in order to increase production. In the meantime, we are not taking the same direction as the United States with its Inflation Reduction Act. We are not investing in clean technologies and we are not supporting the sectors of the future that are promising and, I must point out, are located mainly in Quebec.
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Context: House Hansard - 304 - Apr/29/24
Mr. Eric Melillo (Kenora, CPC)
  • Apr/29/24 3:05:45 p.m.
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Mr. Speaker, after nine years of the NDP-Liberal government, young Canadians know that the Prime Minister is not worth the cost. Eight in 10 people now regard home ownership as being only for the rich, as they have completely given up on their dream of ever owning a home. Simply, will the government finally listen to Canadians and to our common-sense plan to cap spending, which would bring down inflation and interest rates so that young people can finally afford a home?
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Context: House Hansard - 304 - Apr/29/24
Mr. Ryan Williams
  • Apr/29/24 4:13:10 p.m.
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Madam Speaker, there were a lot of questions there. When we look at trade agreements, the government just lost a trade agreement with the U.K. It could not get it signed. The EU agreement was signed because of the work done by the previous, Conservative government, which got that rolling. When we talk about foreign direct investment, of course there are records when the government has spent $50 billion of its own money to create subsidies for those companies to come in. However, when we look at growth rates for the OECD, Canada is dead last; right now, its economy is performing with five times less growth compared with the U.S. economy. That growth is buoyed by public spending, which is five times any other spending by the private sector. Government spending is driving inflation and high interest rates, but more, the higher cost of living. It is hurting Canadians, and we need to change that.
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