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Member of Parliament

Rachael Thomas

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Lethbridge
  • Alberta
  • Voting Attendance: 65%
  • Expenses Last Quarter: $131,565.29

  • Government Page
Context: House Hansard - 312 - May/9/24
Mrs. Rachael Thomas (Lethbridge, CPC)
  • May/9/24 7:57:51 p.m.
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Madam Speaker, it is a great privilege to stand this evening and speak on behalf of the constituents of Lethbridge and, of course, representing those across the nation as well. I have the privilege of speaking to the budget implementation act concerning the 2024 Liberal budget, which was put forward on April 16. These are some headlines that came out in newspapers across the country following the dropping of the budget: “Liberal hike to job-killing capital gains tax is inexcusable”; “Capital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen the brain drain”; “David Dodge wasn't wrong, this federal budget is 'one of the worst in decades'”. Here is the next one: “The Liberals move from borrow and spend, to tax and spend”. Another one is, “Canada's budget 2024: More spending, higher capital gains taxes, and bigger deficits”. This one mentions that the federal budget is “the worst in decades”. These are the types of headlines that came out following the Liberal budget, and they are not wrong. I am not sure if members have heard of an oil salesman. It is a term that originated in the 1900s from an infamous imposter who sold snake oil as a miracle medicine. It turns out that this snake oil was just a concoction of mineral oil, beef fat, red pepper and turpentine, but he would go around and he would claim that it had magical healing properties, so people would spend a whole lot of money on it in hopes that it would deliver the results that were promised to them. Eventually, this con artist was found out, was exposed for what he was doing, and he actually became a very powerful symbol used throughout the land to warn against false advertising. When I look at the Liberals' budget of 2024, I see a snake-oil salesman, a commitment to doing something but actually achieving the opposite, and a commitment to helping Canadians but actually thwarting their success, which is why we get the types of headlines that I just read into the record. On April 16, the Liberals announced that they would be strapping an additional $14 billion in new deficit spending to the backs of Canadians. This makes it the ninth year in a row that the Prime Minister has run deficits, while claiming that the budget would balance itself. We all know that is ridiculous; budgets do not balance themselves. He also said that we would change the economy from the heart out. We also know that this is ridiculous. Hard-working people change the economy in a positive way. A blind or ignorant prime minister changes the economy in a negative way, and unfortunately, what we see is a whole bunch of negative. The Prime Minister continues to promise that Canadians are better off with his budget, but at the end of the day, we know that families are actually worse off. In fact, the National Post just came out with an article this week, saying that if the economy had stayed where it was in 2015, when Stephen Harper was the prime minister, we would all be earning $4,200 more per year, which means that under the Liberal government, every single Canadian is $4,200 per year worse off. In other words, the Liberal government is not actually helping Canadians; the Liberal government is hurting Canadians to the tune of $4,200 per year. That is alarming. That is a lot of money. That is a good chunk toward the down payment of a house. That is a good chunk towards maybe a new vehicle, maybe toward putting one's child in sports or just being able to pay household bills and to make ends meet. This year, Canadians will have to pay over $54 billion just to cover the interest that has been incurred because of the government's out-of-control spending. That is a whole lot of money, $54 billion, and we lose sight of what exactly that means, so let me spell that out. That is more than what the government collects in GST paid toward just the interest payment. That is double what this government has committed to our Canadian Armed Forces, the men and women who serve this country, who unfortunately are going without proper food, care and equipment because the government refuses to fund them adequately. Meanwhile, double the amount that is spent for the Canadian Armed Forces is being paid just to substantiate our interest payments. Further to that, it is the same amount as what this government transfers to provinces for health care. Imagine the hospitals we could build. Imagine the doctors that could be hired. Imagine the types of care that Canadians could enjoy if we did not have to put that money toward just maintaining our debt. This is the result of a government without vision for its people. It lands us in this place where things are broken. People are desperate. I hosted a town hall just over a week ago, and the room was filled. People were eager to come and share their concerns with me. Overwhelmingly, the things they talked about were housing, the cost of groceries, fuel and other essentials in life. They were desperate for me to offer them hope and, unfortunately, under the current government, I could not do that. All I could do was ask them to hold on for the day that a new government is coming. The way that the Liberal government has ruled and the decisions that it has made, as can be seen in the 2024 budget, simply bring us down. People in my riding have been sending me their carbon tax bills. One shows that the cost of the carbon tax bill for a household is $4 more than their actual consumption. They are spending more on the tax than they are on the consumption. Another shows that this family is spending $18 more on the carbon tax than they are on their consumption. Another bill was double. Their actual gas cost was $33.11, and their carbon tax cost was $63.41. They are paying double on the tax versus consumption. There was another bill where they actually only spent $20 on consumption, and they spent $34 on their tax. There is a business that is spending $600 more every single month just to cover their tax. Imagine that. Another business is spending nearly $1,000 more every single month just to cover the carbon tax. Imagine the impact that it would have for Canadian families if the punitive carbon tax were to be scrapped. We know the Liberal government is not accomplishing any of its environmental objectives. It has failed on every single one of them, so we know the carbon tax is not about that. There is no metric to point at to show success. We are led to believe that it is for no other reason than simply to be punitive in nature. The government has accomplished its goal. Canadians are paying far more for the carbon tax than they are for the actual consumption of natural gas. Canadians are punished. Well done, Liberals. At the end of the day, it means that Canadians are paying that carbon tax not just on their natural gas bills, but also on the fuel they put in their vehicles, the home heating, as well as the groceries and the necessities they require for their households. Folks are struggling. Two million people are lining up at food banks. In my riding, food bank use has increased by 75%. That is a problem. The government could do something about that, should it wish to. However, the 2024 budget shows that it does not. It is the same failed policies that have led this government for the last nine years. Unfortunately, Canadians are caught in the middle of that. Conservatives will do better. That is our commitment to Canadians. We look forward to forming government very shortly.
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