SoVote

Decentralized Democracy

Adam Chambers

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Simcoe North
  • Ontario
  • Voting Attendance: 68%
  • Expenses Last Quarter: $121,028.17

  • Government Page
  • Nov/20/23 2:38:59 p.m.
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Mr. Speaker, my message for any provincial premier is the same as the message for the Prime Minister: Take responsibility for government spending because it is driving inflation and making interest rates unaffordable for Canadians. The Bank of Canada says that all governments need to spend less than 2% growth in order to keep inflation under control. The government's own projections in the budget in the spring says that the government will spend over 3.5% growth next year versus this year. When are Liberals going to get that they are part of the problem and they have to balance the budget so Canadians can keep their homes?
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  • Nov/20/23 2:37:42 p.m.
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Mr. Speaker, after eight years of out-of-control spending by the Liberal government, experts at Scotiabank now say that two percentage points of interest rate increases are due to government spending. An extra 2% on mortgage costs means over $8,000 a year for Canadian borrowers. Canadians are realizing the Prime Minister is not worth the cost. When Scotiabank says, “You're richer than you think”, it did not mean spend like drunken sailors. On what date will the government balance the budget?
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  • Oct/23/23 2:36:02 p.m.
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Mr. Speaker, maybe the government has not received the memo. Nobody cares about meaningless G7 comparative statistics. After eight years of prolific spending, the bills are finally coming due. The government borrowing is driving interest rates. This year, the government has to borrow $421 billion. Next year, the government has to borrow over $350 billion. That pushes up mortgage costs for everybody. Once again, will Liberals acknowledge that they need to rein in their spending and produce a plan to balance the budget so Canadians can keep their homes?
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  • Oct/23/23 2:34:44 p.m.
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Mr. Speaker, after eight years of the Liberal-NDP government, spending is out of control and inflationary deficits are pushing up mortgage costs. The Parliamentary Budget Officer says that the deficit this year will increase to over $46 billion. Everyone now agrees that spending is driving interest rates. Every month, 70,000 households are renewing their mortgage and they are realizing that the Prime Minister is not worth the cost. Will the government rein in inflationary deficits and put forth a plan to balance the budget so Canadians can keep their homes?
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