SoVote

Decentralized Democracy

Ziad Aboultaif

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Edmonton Manning
  • Alberta
  • Voting Attendance: 64%
  • Expenses Last Quarter: $109,026.29

  • Government Page
  • Oct/20/22 2:05:53 p.m.
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Mr. Speaker, runaway inflation is hurting Canadian students. The University of Alberta campus food bank is facing the highest demand ever. In the past year, the food bank has gone from serving fewer than 300 families to having more than 1,100 clients. Most of these new food bank users are international students. Four litres of milk is $1 more than last year, and it costs 60¢ more for a loaf of bread. That may not seem like much to the Prime Minister, but it is a hardship for students on fixed budgets. With price hikes already on textbooks and rent, it is no wonder students cannot afford to feed themselves. Why is the government making it so hard for students to be successful?
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  • Oct/3/22 1:29:39 p.m.
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  • Re: Bill C-31 
Madam Speaker, the members opposite have finally become aware of a problem that is obvious to every Canadian except for the Prime Minister and his cabinet. Inflation is a problem. Canadians are being hurt by it. Liberal government policies are making things worse. I am pleased that the Liberals have finally realized inflation is a problem for our country. I am less pleased with their solution. Apparently, they do not understand that their attempts to fix the problem, a problem they created with reckless government spending, will only make things worse. I can understand that there is confusion across the aisle when I say that. How can I say their well-meaning plan will not only not work but will make things worse? This does not make sense to them. For those who truly believe that budgets balance themselves, I can understand that the concept of inflation is also a little difficult to understand. Therefore, perhaps we should take a look first at just what we are talking about. According to Wikipedia: [I]nflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. Wikipedia also tells us: High or unpredictable inflation rates are regarded as harmful to an overall economy. They add inefficiencies in the market, and make it difficult for companies to budget or plan long-term. Inflation can act as a drag on productivity as companies are forced to shift resources away from products and services to focus on profit and losses from currency inflation. Uncertainty about the future purchasing power of money discourages investment and saving. Inflation can also impose hidden tax increases. For instance, inflated earnings push taxpayers into higher income tax rates unless the tax brackets are indexed to inflation. With high inflation, purchasing power is redistributed from those on fixed nominal incomes, such as some pensioners whose pensions are not indexed to the price level, towards those with variable incomes whose earnings may better keep pace with the inflation. This redistribution of purchasing power will also occur between international trading partners. Where fixed exchange rates are imposed, higher inflation in one economy than another will cause the first economy's exports to become more expensive and affect the balance of trade. There can also be negative effects to trade from an increased instability in currency exchange prices caused by unpredictable inflation. This is Wikipedia. It is common information there, but the difference is that some understand it and some do not. Some refuse to even look at it or understand it. To put it simply, in terms that even a Liberal can understand, inflation harms the economy and hurts the people of Canada. Government policies should not make inflation higher. That should be a common understanding. It is simple and should be something that we all should live by. This now brings us to the Liberals' response to inflation, which is to create Bill C-31, an act respecting cost of living relief measures related to dental care and rental housing. The Liberals, with their imperfect understanding of inflation, are trying to make things better. They are ignoring the economic experts who say that increasing government spending adds to inflation. The Liberals' solution does not fix the problem, but will just make it worse. It may come as a surprise to the Liberals, but their children's dental care is not a high priority for many Canadian families these days. Parents wish they could be more concerned about dental health and the state of their children's teeth, but when they are having difficulties finding the money to feed their children they are not spending much time booking dentist appointments. The Prime Minister, as we discovered a couple of years ago, does not know the cost of a pound of bacon. Just to let him know, it has gone up again. Grocery prices are up by 10.8% on average, rising at the fastest pace in 40 years. Fish is up 10%. Butter is up 16%. Milk is up 21%. Eggs are up 10%. Margarine is up 37%. Bread, rolls and buns are up 17%. Dry or fresh pasta is up 32%. Fresh fruit is up by 13%. Oranges are up by 11%. Apples are up by 18%. Coffee is up by 14%. Soup is up by 19%. Lettuce is up by 12%. Potatoes are up by 10%. A family of four are spending an average of $1,200 more a year for groceries than they did in 2021. As well as record food prices, they have to deal with increases in heating, gasoline and housing costs. Canadians are having to make hard choices about whether to put gas in the car in order to get to work in the morning, or put food on the table. This should not be happening in one of the wealthiest countries in the world. The government does not seem to understand that it is part of the problem. It says to spend, spend, spend and hopes that the problem will go away. If we ask any economist, they will tell us a government cannot curtail inflation by spending. The Liberal government is driving up the cost of living. The government's proposals do little to solve the problem. Proposals on dental care and housing will provide jobs for civil servants, but will not help most Canadians. The GST rebate will provide some welcome relief, but it is short-term and will not address the real problem: Inflationary deficits and taxes are driving up costs at the fastest rate in nearly 40 years, and that rebate will not pay for very many groceries. As government spending increases, the deficit rises and the national debt increases. Today's spending will be paid for by our children and grandchildren, who will not thank us for our actions today. If the Prime Minister was serious about making life more affordable for workers, families and seniors, he would cancel his planned carbon tax increases immediately. The Prime Minister is increasing the carbon tax on Canadians by three times, tripling it, and he is suggesting that he wants to help Canadians. If he wanted to help Canadians, he would not increase the carbon tax three times. Canadian families are struggling with rising costs due to Liberal inflation. Now is not the time to raise their tax burden and make their lives worse. Instead of freezing taxes, the government is raising taxes on people who are struggling to make ends meet. Inflation is making groceries unaffordable for many people. The government is making things worse with its taxes and inflationary spending. Those things combined are raising the stress on millions of Canadians. Many are turning to food banks as the only way to feed their families. Here in Ottawa, inflation is being blamed for record-high food bank usage. Food banks in Toronto say they are facing the highest demand in their history. In Edmonton, the University of Alberta's Campus Food Bank reported 200 new clients in September alone. Raising the tax burden on Canadians so they have to turn to food banks to feed their children may be the Liberal policy, but it is not the policy of a compassionate government. Last year, the Prime Minister asked Canadians to forgive him for not thinking of the monetary policy. Given the fiscal trouble individual Canadians and the entire nation face, I do not think we are going to do that.
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