That the bill be now read a second time and referred to the Standing Committee on Natural Resources.

That the bill be now read a second time and referred to the Standing Committee on Government Operations and Estimates.

That, given that,

(i) after eight years of this Liberal Prime Minister, inflation is at a 40-year high,

(ii) after eight years of this Liberal Prime Minister, the cost of groceries is up 11%,

(iii) after eight years of this Liberal Prime Minister, half of Canadians are cutting back on groceries,

(iv) after eight years of this Liberal Prime Minister, 20% of Canadians are skipping meals,

(v) after eight years of this Liberal Prime Minister, the average rent for a two-bedroom apartment across Canada’s 10 biggest cities is $2,213 per month, compared to $1,171 per month in 2015,

(vi) after eight years of this Liberal Prime Minister, 45% of variable rate mortgage holders say they will have to sell or vacate their homes in less than nine months due to current interest rate levels,

(vii) after eight years of this Liberal Prime Minister, average monthly mortgage costs have more than doubled and now cost Canadians over $3,000 per month,

(viii) the Governor of the Bank of Canada, Tiff Macklem, has said that “inflation in Canada increasingly reflects what’s happening in Canada”,

(ix) the former Governor of the Bank of Canada, Mark Carney, has said: “But really now inflation is principally a domestic story”,

(x) former Liberal finance minister, Bill Morneau, has said that the government probably spent too much during COVID,

(xi) former Liberal Deputy Prime Minister and Finance Minister, John Manley, said that the Liberal Prime Minister’s fiscal policy is making it harder to contain inflation,

the House call on the government to cap spending, cut waste, fire high-priced consultants and eliminate inflationary deficits and taxes that have caused a cost-of-living crisis for Canadians.