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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 12:43:45 p.m.
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Madam Speaker, my Conservative colleague missed a real opportunity in his speech, which is to call out the real elephant in the room when it comes to inflation, and that is corporate greed. Those members like to go on and on about the carbon tax, but conveniently ignore that, since 2019, oil and gas companies have seen their net profits go up by over 1000%. Grocery retailers have seen their profit margins double, their net profits double. If we look at our farmers, their input costs have gone up. That is why farm debt has gone up so much over the last 20 years and that is why the consumers at the other end are getting screwed. When are the Conservatives going to get serious about calling out the corporate greed? Are they going to be like the Liberals and continue the deference that we have seen over the last 40 years through successive Liberal and Conservative governments?
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  • May/6/24 2:31:20 p.m.
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Mr. Speaker, after nine years of the Liberal-NDP Prime Minister, it does not feel like Canada anymore. Life is more unaffordable than ever. Canadians, the Governor of the Bank of Canada and even random Liberals are saying that the government is not helpful with its out-of-control spending and not worth the cost. Canadians are living in their cars and in tents because they cannot afford housing. They are lining up at food banks in record numbers because they cannot afford food. They are leaving in droves because they cannot afford the high cost of living. When will the Liberals implement a common-sense plan, bring in a dollar-for-dollar law and cap government spending so that inflation and interest rates can come down?
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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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  • May/6/24 2:43:06 p.m.
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Mr. Speaker, Quebeckers are already experiencing the austerity imposed by this government. They can no longer afford housing. They can no longer afford food. That is the reality facing Quebeckers every single day. After nine years, this Prime Minister seems to have found a partner to help him spend and create even more inflation at the expense of families. He knows that the Bloc Québécois will not vote against his spending because the Bloc Québécois likes this Liberal government. What does the Bloc Québécois get out of voting for $500 billion in centralizing Liberal spending? When will the Prime Minister, with the Bloc Québécois's support, stop impoverishing Quebeckers?
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  • May/6/24 4:00:13 p.m.
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Mr. Speaker, the member opposite would know that we are dealing with an inflationary crisis that exists across the world. That makes it incredibly difficult for Canadians. It does not matter that Canada has one of the lowest rates of inflation in the industrialized world. In fact, we have the second-lowest rate of food inflation in the OECD. It is ridiculous to pretend that that exists in some kind of domestic bubble that only Canada is facing. It ignores the complete reality across the world. The question is what we do when people are facing hard times in the world. Do we pretend that it only exists domestically and tell people that cuts to government services and programs is somehow going to magically make things better, or do we lean in and help people? I would say the member for Saskatoon West has an opportunity. He says that people have access to the drugs that they need. That is not the case. That is absolutely not the case. People who have an existing drug plan are going to continue to enjoy the access that they have to their drugs. The question here is about, for example, a woman who is an abusive relationship and whose insurance overage is through her partner. She would not have the ability to get that medication on her own. That is what this bill is about. If a young woman, whose health coverage is through somebody else, is making a decision about their reproductive future, it is about making sure that that person has access. There are absolutely millions of people who do not have any coverage at all, for whom dollars and cents mean they do not have access to life-saving medicine. If the member opposite does indeed support the people who do not have access to these medications getting them, there is great news. There is something he could do, and that is vote for this bill.
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  • May/6/24 5:16:17 p.m.
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Mr. Speaker, inflation has been brought safely down to 3% by the Bank of Canada, our prime rate is among the lowest ever in the history of Canada, and we have the lowest debt-to-GDP ratio in the G7. What else do they want? We are in a good, solid position to invest, and we are going to continue to invest for Canadians.
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