SoVote

Decentralized Democracy

Kevin Vuong

  • Member of Parliament
  • Member of Parliament
  • Independent
  • Spadina—Fort York
  • Ontario
  • Voting Attendance: 62%
  • Expenses Last Quarter: $144,966.01

  • Government Page
  • Jun/9/23 12:01:33 a.m.
  • Watch
Mr. Speaker, the Governor of the Bank of Canada confirmed this week what many have long suspected, which is that the carbon tax increased inflation. The bank has also been forced yet again to increase its key interest rate to 4.75% in an attempt to try to get a handle on inflation. The prime rate is now a staggering 6.95%, the highest it has been in over 20 years. If the financial markets are to be believed, analysts predict that the Bank of Canada will have to continue to increase interest rates. This is hurting Canadians. In previous questions, given the very real and tough financial situation Canadians are facing, I asked that the government consider temporarily lowering the proposed carbon taxes. However, instead of thoughtful deliberation, I am often met with a barrage of indignation about not caring about the environment. It is as if the only two positions available on the issue are these: I love and support the Liberal position, and, thus, I am clearly a person who cares about the environment. Otherwise, I do not blindly support the Liberal position, which apparently makes me an anti-science, right-wing loon stick. Mr. Speaker, give me a break. I care about the environment just as much as any Liberal does. However, I also care about Canadians who are struggling to make ends meet. I care about people not being able to buy a home in their lifetime and not having to wait 25 years before they can save enough for a down payment. I care that people are unable to put food on the table. More than a quarter of a million people visited the Daily Bread Food Bank. This is the highest number of visits in its 40-year history. Does that not give the government pause? Is there really no one who is saying, “Hold on; something is not working here”? Before the parliamentary secretary jumps into her grocery rebate talking point, the money that they talk up, which is Canadians' money that the government is giving back, is honestly not going to go very far these days. Given the state of food inflation, it is not going to buy more than a couple of weeks' worth of food for a family of four, if that. The Governor of the Bank of Canada attributed 0.4% inflation to the carbon tax. I did some quick math to see what that 0.4% inflation will cost Canadians. I want to put it in perspective on a matter that I think matters for a lot of people right now: housing. According to the CMHC, the average mortgage in the first quarter of this year was $320,298. Thus, the carbon tax’s 0.4% in inflation is costing Canadians $1,281 per year in interest. When people are having to live paycheque to paycheque, that extra $107 per month in housing costs can mean someone having to skip a meal. Canada Day is less than a month away, and to help Canadians celebrate it, the government is adding yet another carbon tax: the clean fuel regulation. Aside from these never-ending taxes and interest rate hikes, the government also continues to be oblivious to tax cascading on gasoline. I for one did not campaign on the taxing of taxes. In the face of inflation-ignited economic pressures and staggering costs for Canadians, how, in good conscience, can the government continue to pick the pockets of consumers at the gas pumps? I do not think it is right. Therefore, I call upon the government again to axe tax cascading. I also ask that it seriously reconsider its economy-debilitating and inflation-producing carbon tax policy.
622 words
  • Hear!
  • Rabble!
  • star_border
  • Apr/19/23 3:14:51 p.m.
  • Watch
Mr. Speaker, most Canadians know that the federal carbon tax is a farce. It siphons 14.3¢ a litre from the pockets of consumers. It increases the cost of living. It contributes to inflation and it causes even higher food prices. Sadly, the carbon tax does little to fight climate change. Equally disturbing, there is— Some hon. members: Oh, oh!
62 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/29/22 7:05:08 p.m.
  • Watch
Madam Speaker, I agree with my colleague that EI is an important tool and an important safety net. Saying this is something that is set every seven years is an easy cop-out, but the thing is that seven years ago we did not have the pandemic. Seven years ago, we were not facing the highest inflation rates and the cost of living increases in over 40 years, which is the highest it has ever been in the lifetime of half of Canadians, myself included. Instead of his saying that this is something that is really not up to them and that it is done every seven years, I want to ask my hon. colleague to try to live in the now and the reality small businesses and workers are facing today. I will repeat the question: Will the government at least consider delaying the increase to payroll taxes to another time?
152 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/16/22 7:07:29 p.m.
  • Watch
Madam Speaker, in my question on September 28, I pointed out to the government that in Restaurants Canada's annual report, over the last 12 months 43% more restaurants had closed than opened. Additionally, the Business Development Bank of Canada and Innovation, Science and Economic Development Canada report that our nation’s small and medium-sized enterprises, or SMEs, are responsible for 10 million jobs in our country. Like all SMEs, restaurants help to employ 88.3% of Canada’s private labour force. However, all is far from well. In August 2022, for the first time in history, there were over 180,000 client visits in one month to the Daily Bread Food Bank in Toronto. In prepandemic times, just to put it in context, it would have had 60,000 client visits. If we fast-forward to January 2022, with the increases in inflation, there were 120,000 visits and, as mentioned earlier, in the most recent reported figure in August, that number has tripled, from 60,000 prepandemic to 180,000 client visits in one month. There is serious hardship here. Many Canadians face a really harsh winter. This reality is not some partisan thing; it is a very serious situation. It is one thing for a senior minister to suggest that it is not going to be an easy time for Canadians, that it is not going to be an easy time for Canada and that we have to make do with today’s realities. Does the government have any other viable plan, and if so, what is it?
265 words
  • Hear!
  • Rabble!
  • star_border
  • Sep/28/22 3:16:15 p.m.
  • Watch
Mr. Speaker, according to Restaurants Canada, over the last 12 months, 43% more restaurants have closed than opened. In my riding, restaurants are paying as much as three times more for food and materials. Prepandemic, vegetable oil was only $16 for 16 litres. Today, it is $53. With businesses fighting to survive and with few tourists brave enough to visit a Canadian airport, what is the government's latest answer to curbing rampant inflation and soaring food prices, beyond reannouncing programs that may or may not come into existence in this decade?
92 words
  • Hear!
  • Rabble!
  • star_border
  • Sep/23/22 12:06:37 p.m.
  • Watch
Mr. Speaker, in 2021, the Liberals campaigned on the promise to eliminate interest on Canada student loans. Today, the government is poised to increase interest rates in April, adding an average of $600 to student loan payments. Is this just another example of the government's smoke and mirrors and failure to honour its promises to Canadians, just like its inability to combat rampant inflation, high interest rates and soaring food costs?
72 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/23/22 3:15:17 p.m.
  • Watch
Mr. Speaker, fuel costs continue to soar. Inflation and food prices are at their highest in 40 years. With Canadians facing unprecedented struggles to get by, the government reverts to reannouncements of programs. Government smoke and mirrors will not pay the mortgage or rent, nor will they put food on the table. Will the government eliminate its disgraceful triple-dipping tax on gas? President Biden has asked for a three-month federal gas tax holiday. Has the government clued in on this? Is it going to do anything?
88 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/14/22 6:24:37 p.m.
  • Watch
Madam Speaker, I will acknowledge that there are countries around the world that are facing challenges with inflation. I acknowledge that point by my colleague. He mentioned there are certain things out of the countries' control. What is within the federal government's control is what it will choose to do with $2.5 billion extra that it did not plan to have. Canadians are struggling now. What about single Canadians? Family support is fantastic and $10-a-day child care is great. What about those who do not have children? One in seven Canadians lives in poverty. They are struggling now with the cost of gas, the cost of food and so on. I will ask, for the third time now: Will the government help struggling Canadians and provide relief following a precedent that a previous Liberal government had done?
141 words
  • Hear!
  • Rabble!
  • star_border
  • May/18/22 3:15:41 p.m.
  • Watch
Mr. Speaker, the soaring cost of gas has eviscerated Canadian consumers. With an unprecedented 6.8% inflation rate, people are wondering where next month's mortgage or rent is coming from, all while the GST is slashing through what remains in their pocketbooks. The government knows it is raking in billions of extra dollars. Will the Prime Minister introduce a tax rebate, as the fiscally prudent and compassionate Martin government did, to help Canadians, yes or no?
77 words
  • Hear!
  • Rabble!
  • star_border