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Decentralized Democracy

House Hansard - 313

44th Parl. 1st Sess.
May 10, 2024 10:00AM
  • May/10/24 11:32:13 a.m.
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Madam Speaker, after nine years of the NDP-Liberal government, deficit spending caused skyrocketing inflation, which caused higher interest rates, which are causing higher mortgage payments. The Bank of Canada confirmed that the Prime Minister's wasteful spending is keeping interest rates higher for longer. Now the Bank of Canada is warning, when compared with origination, that the median mortgage payment will rise more than 20% in 2025 and 30% in 2026. Families cannot afford this. Will the government stop its deficit spending so families can keep their homes?
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  • May/10/24 11:42:45 a.m.
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Madam Speaker, Conservatives talk down our economy every day in the House, while in reality, Canada's economy has shown great resilience, despite the global shocks it has been under. We have the lowest debt-to-GDP ratio, the lowest deficit in the G7 and an AAA credit rating that has been reaffirmed. Warren Buffett, while talking about investing in Canada, said, “We do not feel uncomfortable in any way, shape or form, putting our money into Canada”. The IMF, in the most recent Fiscal Monitor, rated Canada as number one for budget balance, and this year's budget puts our healthy national balance sheet to work—
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  • May/10/24 1:55:01 p.m.
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Madam Speaker, I am pleased to have the opportunity today to speak against Motion No. 110, a national strategy to reduce food waste and to combat food insecurity. This is another example of the Liberals rushing in to save the day, to solve a problem that they themselves created and have been creating over the last nine years they have been in office. According to a recent report by Food Banks Canada, in March 2023, there were almost two million visits to food banks across Canada, representing a 32% increase compared to March 2022, and a 78.5% increase compared to March 2019, which is the highest year-over-year increase in usage ever reported. Why is that? Conservatives have been raising the alarm bell for some time about the Liberal government's ever-increasing carbon tax and its out-of-control deficit spending, which is only serving to increase the cost-of-living crisis that Canadians are facing every day in this country.
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