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Decentralized Democracy

House Hansard - 309

44th Parl. 1st Sess.
May 6, 2024 11:00AM
  • May/6/24 12:22:07 p.m.
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Madam Speaker, the current Prime Minister has put more debt on Canadians' heads than has every single prime minister before him, combined. That led to doubling of the national debt and gave Canadians 40-year highs in inflation with the most rapid interest rate hikes, not seen in Canadian history. Now we see students living under bridges. We see that people like nurses and teachers, with well-paying jobs, are now having to live in their cars. There are food bank lineups, with two million people going to a food bank in a single month. With this budget, $54.1 billion will go to servicing just the interest on the debt that the Prime Minister accumulated, when it should be going to doctors, nurses and our health care. More is going to bankers, bondholders and the finance minister's Bay Street buddies than to health care transfers. Why?
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  • May/6/24 2:32:35 p.m.
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Mr. Speaker, common sense is chasing the finance minister, and just like in Alberta, she is speeding away from it. The Liberals have put taxpayers on the hook, and $54 billion of taxpayer money is going to go, just in interest, to the Prime Minister's doubling of the debt. That means more money is going to bankers, bondholders and the finance minister's Bay Street buddies than to doctors, nurses and the health care system. Why does the finance minister not pump the brakes on hypocrisy, let common sense catch up and introduce a dollar-for-dollar law so that inflation and interest rates can finally come down?
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