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Decentralized Democracy

House Hansard - 311

44th Parl. 1st Sess.
May 8, 2024 02:00PM
Context: House Hansard - 311 - May/8/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • May/8/24 2:29:29 p.m.
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Mr. Speaker, this is more proof that the Prime Minister is not worth the cost. He tells Canadians they have never had it so good. He doubled the debt, doubled housing costs and forced two million people to a food bank. He brags that he spent $87 billion on housing programs, and what did it get us? It got us the worst housing inflation of any country in the G7, the second worst out of nearly 40 OECD countries. Why does the Prime Minister always spend the most to achieve the worst?
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Context: House Hansard - 311 - May/8/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • May/8/24 2:53:56 p.m.
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Mr. Speaker, since he implemented his big spending plan, interest rates have skyrocketed. Doubling the national debt inflates interest rates. Who could have foreseen this? In fact, anyone could have. Any plumber or mechanic could have told him that this is always what ends up happening. That is why Canada has the worst mortgage debt and housing costs in the G7. Will he finally follow my common-sense plan to have a dollar of savings for every dollar of new spending to reduce interest rates and inflation?
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Context: House Hansard - 311 - May/8/24
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • May/8/24 2:54:37 p.m.
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Mr. Speaker, thanks to our sound fiscal management, inflation is coming down and is back in the Bank of Canada's target zone. Interest rates will also begin to fall in the months ahead, we are almost certain of it. The reality is that the Leader of the Opposition is conflating two things: the government's very strong fiscal position and the situation of families who need more help. I suggest using the government's strong position to help families. The Conservative leader, in contrast, says that the government should cut services to Canadians. He is wrong.
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