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Decentralized Democracy

House Hansard - 311

44th Parl. 1st Sess.
May 8, 2024 02:00PM
  • May/8/24 2:28:09 p.m.
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Mr. Speaker, while common-sense Conservatives will axe the tax, build the homes, fix the budget and stop the crime, the Prime Minister is not worth the cost after nine years. He has doubled the debt and doubled housing costs. He has increased spending by nearly 80%. What did we get for the money? We got the worst per person income growth in the entire G7 and the worst mortgage debt of all those countries. When will the Prime Minister realize that the more he spends, the worse things get?
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  • May/8/24 2:51:09 p.m.
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Mr. Speaker, now he is spending more to deliver fewer homes. It is certainly true that he is spending hundreds of millions of dollars, billions of dollars, tens of billions of dollars. He has a new number every year, a new program worth billions more. However, people do not live in the billions and millions of dollars. They live in apartments and houses that now cost twice as much as they did when he took office. Does the Prime Minister finally understand, after spending nine years creating the worst real estate crisis in the G7, that the more he spends, the more it costs?
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  • 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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