44th Parl. 1st Sess.
May 7, 2024 10:00AM
Mr. Speaker, I will be sharing my time with the member for Fort McMurray—Cold Lake.
I am honoured to rise in the House and add the voice of the people of Barrie—Springwater—Oro-Medonte to today's debate. I want to take a moment to go over the unfortunate state of this country's finances after nine years of deficit budgets and how the Liberal government's inflationary policies are affecting families in my community.
Under the Liberal government, mortgage payments have doubled, down payments have doubled, rents have doubled, the cost of gas, groceries and home heating has skyrocketed and people cannot afford to eat, heat or house themselves. The Prime Minister said repeatedly that doubling the national debt would have zero consequences and the budget would balance itself. Unfortunately, the Prime Minister did not have the foresight to realize that doubling the national debt would drive up interest rates to historic modern highs, and now the government will spend over $54 billion in interest on the national debt. That is more than the government is spending on provincial health care transfers.
The Parliamentary Budget Officer, in his latest report, stated that budget 2024 marks the third consecutive fiscal plan in which the government's new measures, even after accounting for revenue-raising and spending reviews, have exceeded the incremental “fiscal room” resulting from economic and fiscal developments.
Conservatives had three simple demands leading up to this year's budget. We committed that if the Liberal government introduced measures to immediately pass Bill C-234 in its original form, require cities to permit 15% more homebuilding each year as a condition for receiving federal infrastructure money, and cap spending with a dollar-for-dollar rule to bring down interest rates and inflation, we would give our support to the budget. Unfortunately, the Prime Minister and the finance minister ignored our pleas for a balanced budget, lower taxes and more homes for Canadians, and decided to add more than $60 billion in new spending that will keep inflation and interest rates higher than Canadians can afford. That means higher taxes, higher inflation, higher interest rates, higher rents and higher mortgage payments.
I would like to spend some time discussing three central issues that I hear often from members of my community: the high cost of housing, the carbon tax and public safety.
First, one of the top concerns for residents in my community is housing affordability. In my riding, the cost of housing has skyrocketed under the Liberal government. Residents in my riding are now forced to spend almost $2,000 a month on a one-bedroom apartment. The only solution to this crisis is for the Liberals to build more homes. Unfortunately, the Prime Minister told Canadians directly that housing is not a federal responsibility, and bureaucrats in his own housing department have confirmed that the government has no plans to bring down housing costs by building the homes that Canadians need.
According to Statistics Canada, between January 1 and November 30, 2023, Canada built 17,000 fewer homes than in the previous year. Instead of taking real action to address this issue, the Liberal government is concerned with photo ops and ribbon cuttings. The numbers do not lie. The government has failed an entire generation of Canadians who fear that they will never be able to own a home.
I see the crisis surrounding interest rates playing out in my community. I receive calls and emails constantly from residents whose mortgage rates have doubled. Recently, a retiree in my riding saw their mortgage jump from $1,100 a month to $2,600 in less than a year. It has not always been like this in Canada. Nine years ago, the average down payment on a home was approximately $20,000. Now the massive cost of even a modest home in my community is forcing residents to save for longer and longer. It now takes 25 years to save up for the cost of a down payment, and the needed down payment for a home has doubled.
Roughly 64% of the average pre-tax monthly income is needed to pay the monthly costs associated with housing. This crisis has made the dream of home ownership impossible for all but the wealthiest few. In fact, 76% of Canadians who do not own homes believe they never will. The Liberal government had nine years to address this issue. The housing crisis is a policy and leadership failure from the Liberal government.
I will go on to an issue that is directly affecting families and farmers in my community: the carbon tax. Just a few weeks ago, the Prime Minister hiked his punishing carbon tax by 23% as part of his plan to quadruple the carbon tax over the next six years. The Parliamentary Budget Officer told members of this House that Canadians would be better off without the carbon tax, saying that they would experience higher income growth while the price of food would come down, but the Liberal government went ahead with its tax anyway.
To illustrate the impact this tax is having on the lives of Canadians, I want to share some of the correspondence I have received from people living in my community. I have a bill here from a family of six in my riding that is paying $142 a month plus HST in carbon tax on their home heating bill.
I have another Enbridge bill from a Barrie resident where the carbon tax makes up 33% of the total bill when the HST is factored in. This resident bought a programmable thermostat that automatically turns down the temperature in her home to 15°C from 10 p.m. to 6 a.m. She believes that she is doing all she can do lower her gas bill, but she still feels punished by this costly carbon tax.
I hear this government boast often about the rural top-up of the carbon rebate. Meanwhile, we know that the calculations it made on who qualifies as a rural Canadian are deeply flawed. Residents in my riding who live in rural places like Anten Mills, Elmvale, Hillsdale, Midhurst, Minesing, Phelpston, and Snow Valley are deemed to be living in urban areas, according to the Liberal government's rural top-up formula. Budget 2024 finally says that the government will look to better define rural areas, but it only commits to putting forward a proposal to do so later in the year. This is unacceptable for residents in my riding who are forced to pay more in carbon tax, and it is proof of why we simply need to axe the tax for everyone, forever.
I will move on to how this tax is affecting the hard-working farmers in my riding. I am proud to represent a riding with a large, vibrant agricultural industry. I was recently sent an Enbridge bill for almost $10,000 from a farmer in my riding who runs a poultry operation. Their bill shows a carbon tax charge of $2,700 on the cost of fuel to dry grain corn. Shockingly, the carbon tax is more than the value of the gas before delivery and global adjustment. The Prime Minister just does not understand that if we tax the farmer who grows the food and the trucker who ships the food, we end up taxing the food that a family buys.
Finally, I will spend some time discussing the crime and chaos that the Prime Minister has unleashed, which is deeply affecting members of my community.
Small businesses bring life and a sense of community to our downtowns and neighbourhoods, yet they are sounding the alarm about the impacts of crime on their livelihoods. These businesses, including in my community, face significant challenges related to vandalism, theft, loitering, and public intoxication.
In my riding, a beloved Italian restaurant named Limoncello Bistro was recently broken into for the sixth time. Thieves who recently broke into Limoncello Bistro stole everything from the restaurant, even the meat and seafood. These repeated break-ins have cost the owners thousands and thousands of dollars. One of the owners of Limoncello Bistro has stated, “I find it hard to swallow that I have to pick up and leave a place where 5 short years ago this wasn't as bad as it is today. We fell in love with downtown Barrie. The waterfront, the community and the people. We as business owners shouldn't have to leave because criminals are putting us out of business.”
I agree. Small businesses like Limoncello Bistro are on the front lines of the Canadian public safety crisis, and we urgently need to address this issue of skyrocketing crime rates. We know that the Liberal government caused this problem with its soft-on-crime laws: Bill C-5 and Bill C-75.
Another issue that is directly affecting small businesses in my community is the Liberal government's nonsensical attack on law-abiding hunters, farmers, and sport shooters. The budget proposes to spend $30.4 million on a hunting rifle buyback plan that does not exist. This is on top of the $42 million it has already committed. Members can think about that. The Liberal government will now spend $72.4 million to buy exactly zero guns from owners and businesses. Not one gun has been bought back after spending $72.4 million.
I recently received an email from a small business owner in my riding. He is a responsible business owner who gives back to the community and is facing devastating financial losses because of this failed policy. He is now struggling to pay for his everyday expenses. He has over 40 firearms, worth almost $50,000, sitting in safes that cannot be sold but must be insured and housed in a secure rental space, while the Liberal government forces him to pay GST on them. The owner of this business says that this government is “clearly bent on just winning political points and not truly caring about the safety of the general public surrounding firearms and criminals who use them.” I agree with him. While the Prime Minister wants to protect turkeys from hunters, common-sense Conservatives want to protect Canadians from criminals.
The only way to reverse the damage the Liberal government has caused is by reversing course and doing the opposite. Canadians want change. They want lower taxes, lower mortgage rates, lower grocery bills and safer communities. Most of all, they want a change in government. The Conservative promise is simple: no gimmicks, no half measures. We will axe the tax, build more homes, fix the budget, stop the crime and bring home affordability for all Canadians.
I will be voting alongside my Conservative colleagues against the budget, and we will be voting no confidence in this costly NDP-Liberal coalition.
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- May/7/24 2:34:26 p.m.
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Mr. Speaker, after nine years of the NDP-Liberal government, interest on our national debt is more than we spend on health care. The Prime Minister is spending more money lining the pockets of wealthy bankers and bondholders than making sure Canadians get the health care they need.
On Thursday, the bank governor told the finance committee that government spending was “not helpful” in bringing down inflation and interest rates. When will the Prime Minister finally start listening and get spending under control to bring down inflation and interest rates?
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- May/7/24 4:01:45 p.m.
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Madam Speaker, if one were to listen to the hon. member, one could not help but think that Canadians have never had it so good, but what we are seeing, and one just has to scan the headlines to see it, is that Canada's productivity is lagging. It has reached crisis levels. Productivity will take years to remedy. Weak productivity is threatening Canada's postpandemic recovery, and this has a direct impact.
Lagging productivity is a threat to Canadian living standards. There is a lack of investment, a lack of capital, fleeing capital and fleeing investment. Wages are not keeping up. Just last week the finance minister announced the government would increase the debt ceiling by another $295 billion, adding to the interest that needs to be paid on the debt for future generations. That is going to have an impact.
I do not know how that member can stand there to say that the Liberals are doing everything right, when all of the indicators are that they are doing everything wrong.
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- May/7/24 5:03:11 p.m.
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Madam Speaker, I thought I made a pretty substantive argument as to why, in some cases, the budget was not going to work for Canadians. If the hon. member wants to sit here and hurl insults, it is his prerogative to do so.
The fact is that we do not know. In the absence of seeing any of the contracts that have been signed, either through Stellantis or Volkswagen, the only thing we know is that there are billions of dollars' worth of government subsidies being applied to these plants, on the credit card, by the way, because, again, we are at $1.4 trillion in debt. Just last week, the finance minister announced that she wanted to increase that debt ceiling by another $295 billion to $2.1 trillion.
Why does the government not provide confidence for Canadians and show just where the work is going to come from? All we are hearing right now is that there are a lot of temporary foreign workers, non-Canadians, who are going to be working in the plants. Show us the proof; that is all we ask.
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- May/7/24 5:19:34 p.m.
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Madam Speaker, as the chair of the health committee, someone who should have their finger on the pulse of the health care crisis we are facing in just about every province and territory across this country, how can he possibly go back to his constituents or any Canadian and explain that, as a result of this budget, we are paying $54.1 billion in taxpayer money just to manage the debt the Liberal government is placing on Canadians? That is more than the funding the government is transferring to the provinces and territories to cover health care.
How does he go back to his constituents and explain the government is spending more on managing the debt than it actually is helping provinces with health care?
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