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Decentralized Democracy

House Hansard - 310

44th Parl. 1st Sess.
May 7, 2024 10:00AM
  • May/7/24 10:29:18 a.m.
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  • Re: Bill C-69 
Mr. Speaker, I do see some irony in the fact that the budget bill is called Bill C-69, because one might remember that the last Bill C-69 ended up being ruled unconstitutional by the Supreme Court because the federal government was sticking its nose into provincial jurisdiction. Here we have, in budget 2024, the government sticking its nose into child care and creating fewer spaces than ever existed and into dental care and not consulting the dentists, and decriminalizing more hard drugs than are actually in its pharmacare plan. Why is the government pouring $40 billion more on the inflationary fire so that the Governor of the Bank of Canada cannot reduce inflation rates and get inflation down?
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  • May/7/24 12:20:45 p.m.
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Madam Speaker, the Governor of the Bank of Canada has said that pouring more deficit spending is like pouring more gas on the inflationary fire, but this budget pours another $40 billion on. Could the member describe the impacts of that to people across the country?
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  • May/7/24 2:33:01 p.m.
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Mr. Speaker, cherry-picking data, spreading misinformation and lecturing Canadians, telling them that they are wrong, is a choice. Millennials are telling the Liberal government that they cannot pay their rent, that they cannot pay for groceries and that they cannot get to work. Even the bank governor confirmed that $61 billion in new spending is “not helpful” when it comes to bringing down inflation and interest rates. When will the Deputy Prime Minister stop her inflationary spending so that young people stand a chance in this country?
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  • May/7/24 2:37:02 p.m.
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Mr. Speaker, after nine years of this Liberal government, Canadians can no longer make ends meet. The Governor of the Bank of Canada has said that this Prime Minister's reckless spending is making it hard to lower interest rates. Canadians are struggling to put a roof over their heads and food on the table, and the Bloc Québécois is continuing to encourage the Prime Minister by agreeing to let him spend $500 billion. When will this Prime Minister, who is supported by the Bloc Québécois, stop impoverishing Canadians with its inflationary policies and devastating spending?
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  • May/7/24 2:47:53 p.m.
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Mr. Speaker, I would invite my colleague across the way to come to Beauce next weekend and explain that to people and see how things work out. The more the government spends, the more Quebeckers are struggling. We are talking about $500 billion in centralizing, inflationary spending that is only worsening the housing crisis. While Quebeckers are struggling to survive, the Bloc Québécois has chosen to vote in favour of $500 billion in Liberal spending. In other words, it is voting for bureaucracy and wasteful spending. When will this government get out of the way and let the Conservatives fix the budget and build the homes?
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  • May/7/24 7:12:47 p.m.
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Mr. Speaker, five months ago I asked the Prime Minister to acknowledge that the carbon tax was at the root of food inflation in Canada. The response I received was irrelevant. I will try to address inflation, its causes and the government's complicity in raising prices for Canadians again, and we will see if anyone is prepared to acknowledge and respond, given the Liberals have had some time to brush up on the economic challenges that inflation has caused in our economy and our society. Food, in Maslow’s hierarchy of needs, ranks as the base physiological level, long before any self-actualization, or any need or desire for a government that constantly looks for ways of expanding government spending. Canadians see that spending, and the resulting tax grab, as an overreach and as being out of control. Inflation is measured in Canada by Statistics Canada, a government agency, which gives an approximation of how Canadians experience inflationary effects and reports it as the consumer price index, or the CPI. In 2023, the CPI was measured at 3.9%. In March 2024, that measure had fallen to 2.9% the way it measures it. The April CPI number will be available on May 21. What April's number will show is the 23% increase in the carbon tax, which was implemented on April 1. It is a tax on food, fuel, home heating and everything else. Let me help predict that there will be a hiccup in our supposed decline in inflation. The Bank of Canada will take its cue from this report for its June decision on interest rates. An inflation uptick would reinforce the decision to not drop interest rates, thus keeping rates high, primarily for mortgage holders. Real estate inflation is the worst effect of the government's failed fiscal policies. The Governor of the Bank of Canada has repeatedly spoken about how the government's policies are causing inflation, while the government is taking the lessons, as it always says. The Bank of Canada openly predicted last year that the carbon tax added 0.15 points to the interest rate, so inflation may have been 3.7% to 3.8% without the carbon tax increase last year. Inflation is the rate of increase, so last year's increase is baked into a new, higher base cost for food, fuel, home heating and everything else. What would happen to that base effect when this ineffective tax on everything is removed? Canadians would get real pricing relief immediately. Food price inflation peaked at the beginning of last year at close to 12%. Members can think about that. It is down now to about 2%, but let us acknowledge the base effect. The increased costs add significantly to continued increases in food costs across Canada. If the government wants to pay attention to the effects of the food inflation it is causing, I would ask it to pay attention to the increasing rise in the use of food banks. Last year, food bank use rose to over two million monthly visitors, up 32% year over year. This year that increase is expected to be an additional 18%. It is time the government started paying attention to the harm it is causing, which is very evident in food inflation. This carbon tax needs to be repealed.
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