- Member of Parliament
- Conservative
- Abbotsford
- British Columbia
- Voting Attendance: 66%
- Expenses Last Quarter: $146,571.88
- Government Page
- Feb/14/23 11:08:39 a.m.
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Madam Speaker, in her speech, the member mostly talked about low unemployment and 3% GDP growth, basically suggesting Canadians have never had it so good. However, when the Canadians who are watching these proceedings today go to the grocery store, they know that those prices are not going down. If anything, they are still going up, and the problem with inflation is that once those inflationary prices are baked in, they are there to stay. Canadians know that this is going to be a serious, ongoing problem.
The member did mention spending, very briefly, at the end. Given the fact that former Liberal colleagues, finance ministers and governors of the Bank of Canada have said that Liberal government spending is a major contributor to inflation in Canada, how is her government going to actually control spending going forward so we do not have those inflationary pressures anymore?
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Mr. Speaker, what our leader, the Leader of the Opposition, has been speaking about is inflation. He has been speaking about taxes. He has been speaking about the cost of living and affordability of housing, all of the things that matter to Canadians. That is what he has been speaking to in the House, and I have been here for every single meeting.
The biggest challenge facing Canada today is the affordability crisis, where Canadians are having to make the choice between groceries and putting fuel in their cars or between sending their kids to ballet lessons and paying for rent. Those are decisions we should never have to foist on Canadians, yet it is the Liberal government's irresponsible approach to borrowing and spending that has brought us to this point. As I mentioned earlier, we can do better.
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Mr. Speaker, the answer to that is that there absolutely were many businesses in my riding that benefited from the government's support programs. My focus was on the design of those programs, where there were also many businesses that did not need that support and some businesses that actually abused the programs because of their poor design.
The suggestion that somehow we as Conservatives do not want positive health outcomes is beneath a member of the House. We are all members of Parliament who represent our communities. The member suggests we somehow do not support positive health outcomes for Canadians. We have done this regularly to support Canadians in their time of need.
On the suggestion that the universality of our health care is somehow at stake, and we are challenging the universality of our health care system, show me evidence that we are doing that. Show me evidence. You have none.
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Madam Speaker, let me begin by saying that I will be splitting my time with the member for Peace River—Westlock.
This motion and the underlying Bill C-31 are effectively an admission of failure by the Liberal government when it comes to the economy and fighting inflation. To be very clear, Bill C-31 is setting up a national dental care program focused on children; it also provides for 500 dollars' worth of rent relief, which does not go very far nowadays in most of our cities. That is what this does.
I want to focus on the term “relief”. Why is relief even required in the first place? Something went wrong in the economy, so that the government decided, “Listen, we are going to have to borrow more money and send out cheques, because Canadians are suffering and falling behind.”
Why are they falling behind? There is a very clear reason. Inflation is rampant. The government did not get hold of the problem of inflation in a timely way.
I will be the first to recognize that there are different things that have affected the inflationary pressures within Canada. We know the global community has suffered from a COVID pandemic, which has disrupted everything in our lives. Our lives have been changed, actually, forever by the COVID pandemic. A pandemic had not been experienced for over 100 years, and suddenly it was at our doorstep.
Sure, that contributes to inflationary factors. Supply chain disruptions that occurred, the war in Ukraine and weather-related challenges, whether they are drought and famine, storms and hurricanes, or heat domes in British Columbia, all contribute to inflation.
However, there is one big factor that is very clearly in the control of the Liberal government, and that is its spending and its borrowing.
Here is a factoid that a lot of Canadians are not aware of. Are members aware that over the last seven short years, the Liberal government has spent more money than all previous governments in Canadian history combined? That's going back from 1867 all the way to 2015. The Liberal government, in the subsequent seven years, has spent more money than all of those governments combined. Now we know there is a problem.
Some of that money was required to support Canadians in their time of need during the COVID pandemic. That was a crisis that required a government response, but much of that spending was not actually COVID-related. We know that because the Parliamentary Budget Officer said so.
The spending this government did has now accumulated a national debt somewhere in the order of $1.5 trillion. If the spending that has brought us to that point, much of which was not COVID-related, was effectively money that was pumped into the economy, then more dollars are chasing the same number of goods and services, and that drives inflation. Every credible economist will tell us that. If a nation's productivity is not improving, which in Canada it is not, but it is pumping more liquidity into the marketplace, that is going to drive inflation.
I challenge the government to show me the steps it has taken to discipline and to restrain spending, and the borrowing that was required to sustain that spending, much of which was not COVID-related.
That is the first challenge I throw out to my Liberal friends. I ask them to explain to me where the plan is to control spending, that reckless spending that has taken place. Also, by the way, where is the plan to return to balanced budgets? Where is the plan to start repaying that massive debt that we have accumulated over the last few Liberal years? I ask them to explain to me how they justify to future generations of Canadians this massive debt, in an environment of increasing taxes and increasing interest rates, that their children and grandchildren are going to have to repay. I cannot defend that to my children. I cannot.
What is even worse is that much of this COVID spending, the amount that was invested in relief and support programs, came through programs like CERB. They were poorly designed, so yes, fraud took place, much more fraud than should have taken place. The programs were designed in such a way that people who did not need the support got the support. I can speak from personal experience. I have had constituents come into my office to tell me they applied for some of the benefits, such as that loan program of $60,000 that they did not actually need, and that now they have to pay only $40,000 back, because $20,000 is forgiven. They asked why they would not apply for it if they qualified.
Why did Canadian businesses and individuals who actually did not need them receive benefits during the COVID pandemic? During the COVID pandemic, because people had to stay at home, some businesses catered specifically to that kind of situation and made a ton of money. They had never made profits like that before, yet they applied for these benefits and received them from the Liberal government. That is a failure.
Then there is a question that has to be asked about a government that cannot fix its passport system, a government that cannot deliver passports on time, a government that botches the ArriveCAN app and pays $54 million for that app when the private sector says it should not have cost more than $1.5 million or $2 million, and a government that came up with the failed Canada Infrastructure Bank and the CERB program. I could go on and on about these programs that were absolute failures and that the government could not deliver in an efficient and accountable manner. How is it that the government now expects to roll out a $10-billion national dental care program? Nobody in this country trusts the government to manage that, to do it in a coherent and accountable way.
Bill C-31 is effectively a band-aid solution to an underlying problem that is much more significant, which is a failure of the Liberal government to address the underlying causes of inflation. Effectively, Bill C-31 camouflages the real problem, which is incompetence on the part of the government on the economic file, its inability to understand that it needs to control its wild borrowing and spending because that is what is driving inflation, at least in part.
I will be fair, as I said at the beginning. Some of the influences on inflation are not within Canada's control, but a very significant component is, which is its spending. My challenge to the Liberal government is to get its borrowing and spending under control. Then it might gain some credibility with Canadians when it rolls out these expensive programs, multi-billion dollar programs that are going to saddle future generations with permanent obligations. It should not do that to future generations. Canadians expect better.
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Madam Speaker, the underlying premise of Bill C-31 is an assumption that the government is even capable of delivering a $10-billion program, yet its record in government is appalling when we think of the mess it made of passports, when we think of the mess it made of ArriveCAN, when we think of the mess it made with the Canada Infrastructure Bank and even with the delivery of the CERB program.
What makes the minister think that he and his government can actually deliver a $10-billion national dental care program in a coherent and accountable way?
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- Oct/3/22 2:52:13 p.m.
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Mr. Speaker, the inflation crisis in B.C. is exploding. It is not only food and shelter costs that are taking a hit. Vancouver's gasoline prices are now the highest in North America, yet the Prime Minister wants to force B.C. to triple the carbon tax on everything, making life completely unaffordable for families.
While the Prime Minister fiddles around, life has become hopelessly expensive and Canadians are now losing hope. Will the Prime Minister now cancel his plan to triple the carbon tax on gas, groceries and home heating, yes or no?
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- Apr/26/22 2:52:27 p.m.
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Mr. Speaker, the Governor of the Bank of Canada admitted that inflation is much higher than expected. When asked to explain how to protect Canada's finances, he said, “don't spend too much”.
We know that the Prime Minister does not think about monetary policy, but Conservatives do and Canadians do, and Canadians are the ones paying the price for the Prime Minister's monetary illiteracy: higher grocery bills, gas bills and interest rates. Will the Prime Minister recognize that his reckless borrowing and spending is making things worse for Canadians?
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- Apr/8/22 11:21:40 a.m.
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Mr. Speaker, the cost of home ownership has doubled. Food prices are through the roof. Fuel costs are at record highs, and yesterday’s budget only made things worse. There was no help for those being left behind by the NDP-Liberal government. There is no tax relief and no plan to fight inflation. It is only spend, spend, spend.
Does the minister not realize that her tax and spend policies are driving millions of Canadians out of the middle class? When will the government finally take steps to control the skyrocketing cost of living?
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- Apr/8/22 11:20:27 a.m.
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Mr. Speaker, tax and spend policies have killed the Canadian dream. Every day we ask the government what it is doing to make life more affordable for Canadians, and every day it tells us how much money it is spending. It is not about how much money one spends; it is about the results one delivers. By that standard, the government has failed.
Yesterday’s budget was no different. It is tax, tax, tax and spend, spend, spend, as the Prime Minister stokes the fires of inflation. What happened to his promise to stand up for the middle class and those looking to join it?
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- Apr/6/22 2:36:47 p.m.
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Mr. Speaker, every Liberal budget is a tax-and-spend budget. More Liberal tax-and-spend policies mean even worse inflation. Wages have not kept up with the cost of living, while the cost of groceries, gas, housing and pretty well everything else has become unaffordable. Millions of middle-class families have fallen behind.
Remember when the Prime Minister promised to stand up for the middle class and those wanting to join it? What happened to that promise?
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- Apr/6/22 2:35:31 p.m.
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Mr. Speaker, tomorrow we will witness the Liberal government's very first NDP budget. The picture will not be pretty. Canadians should expect a tax-and-spend budget that will make inflation even worse than it is today, with gobs and gobs of unfocused spending, deficits as far as the eye can see and of course higher taxes.
Can the Prime Minister tell us whether his budget will deliver a plan to fight the skyrocketing cost of living in Canada?
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- Apr/4/22 6:16:03 p.m.
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Madam Speaker, I think it is time we shifted from opinion back to fact.
As a member of the finance committee, I was part of the pre-budget consultations, although not the whole process, because I was appointed critic about halfway through. However, the member for Kingston and the Islands is not a member of that committee, so much of what he was saying was actually speculation. It is unfortunate, because this chamber should be a chamber in which we discuss facts, evidence and science, and that is what I would like to do. I want to talk about facts.
When the finance committee resolved to embark on a pre-budget consultation process for the 2022 budget, it established a timeline that was completely unreasonable. It ran out of time because, as members may remember, back in 2021 the Prime Minister was so desperate to get a majority government that he called an unnecessary and expensive election, which of course set the work of this House behind by many months. When that election did not deliver the majority that the Prime Minister expected, he then delayed bringing back the House of Commons, so the time that was left to do pre-budget consultations was compressed. The way the Liberals and the NDP, the new NDP-Liberal government, dealt with it was by effectively having hundreds and hundreds of submissions made to the committee. In fact, there were 500 submissions that came in to the committee, and then it adopted 222 recommendations that had come from those submissions.
Now, members have to understand the process. When families across Canada are establishing their own budgets, they first determine how much income they have as a family or how much revenue comes into their family, and then they determine how much they can spend on rent and mortgage payments; how much they can spend on food; and how much they can spend on gas, transportation, vacations for the kids, hockey and music lessons. They determine those expenditures within the context of the revenue that is coming into the household. None of that happened here at committee.
Hundreds of Canadians were coming to committee, and many were simply saying, “Hey, I want you to spend money on this, and that, and that.” Then our NDP friends, our Bloc friends and especially our Liberal friends uncritically accepted these recommendations and incorporated them into the report that is before us today. This report has 222 recommendations, and many of them have big dollars attached to them. In fact, when we added all the dollars up of the recommendations that had dollars attached, it was around the $50-billion mark. Half of the recommendations had no dollars attached, but clearly, had they been costed, they would have resulted in many billions of dollars more in asks. They all found their way into this report, and that is the report we are debating here in the House today.
My colleague for Kingston and the Islands was upset that we insisted on debating tens of billions of dollars of recommendations. These are expenditures that the government is being asked to make and that the House is supposed to recommend to the government when we are facing a massive debt crisis in this country with no debt management plan, deficits as far as the eye can see, and no date on which the budget will be balanced, unlike households across Canada who have to balance their books if they are going to survive. This government has decided, over the last seven years, that it does not care about balanced budgets. In fact, the Parliamentary Budget Officer said that based on the current trajectory of the government, this country will not balance its books until the year 2070.
Fifty years from now, we may begin to live within our means. We may begin to live within the revenues that government takes in through taxes. That is no way to manage the finances of this country.
Therefore, we have this process of all these asks coming in to the committee. One would expect that, like most households, they would go through a prioritization process of what are the “must haves”, what are the “like to haves” and what are the recommendations that really are not necessary at this time. Families across this country go through that process.
Do members think this committee went through that process? Did it triage the various requests that came in and establish a set of priorities? Did it look through the revenues the government takes in, the hundreds of billions of dollars that are required to fund those recommendations, and then place them into that context and decide what is best for Canada? Did it then walk through the recommendations and prioritize them, saying at one point in time that some of the recommendations are just not affordable right now? Did the committee go through that process? It absolutely did not.
The process that took place at the finance committee was an absolute farce. In response to the question from the member for Kingston and the Islands, which was why we did not bring forward our own recommendations, it was because the process was a farce. It was not a budgetary review process. It was not a pre-budget consultation process, where we weigh the different requests and then come forward to the government with a set of recommendations that all of us could agree on. The NDP-Liberal government and its Bloc allies came along and said they would uncritically take all of the recommendations and present them to government as recommendations for the next budget, which we will hear about on Thursday of this week. That is farcical.
I think you understand that, Madam Speaker. That is not the way the financial affairs of this country should be run because we are facing a massive debt that future generations are going to have to pay. It is irresponsible to take every recommendation that comes into committee and then say to government that they want it to implement those recommendations. That is grossly irresponsible.
I have grandchildren. The 13th is on its way. I do not want to saddle them with a debt that they cannot manage to pay. Today, we know that interest rates are on their way up, so we have the problem of inflation and rising interest rates. Those are the twin scourges that are going to really impact future generations of Canadians. How are they supposed to pay for all of this? I lament for the future of our children, grandchildren and the many generations to come. Right now, they are not going to have a balanced budget. We will be running deficits for the next 50 years, based on what the Parliamentary Budget Officer has suggested.
By the way, that does not take into account all of the promises the Liberal government had to make to its NDP partners. There is pharmacare to be added on. There is dental care to be added on. There is defence spending. By the way, we as Conservatives strongly support beefing up our defence and our Armed Forces, as a country. They have to take all of that into account. They have to prioritize. We as Conservatives would prioritize defence spending, but for the rest of it there was no prioritization that took place. It was grossly irresponsible. I do not want to leave that kind of a country to my children.
We have the right to expect better from parliamentarians. We have a right to expect better from the Prime Minister and the finance minister. I know the Prime Minister has said that he does not pay attention to monetary policy. That shows in his performance and the poor performance of our economy, where we are now seeing massive inflation setting in. The inflationary pressures facing our country are immense, and they are going to get worse before they get better.
At least, that is what the Governor of the Bank of Canada recently said. Things are going to get worse before they are going to get better when it comes to inflation.
Why do we have inflation? Yes, we have supply chain constraints. Yes, we have problems with skyrocketing commodity prices, but one of the reasons we have this problem in Canada, especially in the housing market, where houses have been basically priced out of reach for millions of Canadians, is excess liquidity. In other words, the government has borrowed and spent so much money over the past two years that it has flooded the market with dollars that are chasing a limited number of goods, including a limited number of houses across Canada. That is when inflation sets in.
This is the environment that faces coming generations. I do not want my children and grandchildren to have this hanging around their necks, yet the government has had no plan to manage that massive debt load. There is no plan to ever return to balance. There is no plan. We have asked, month after month and day after day, in the House in question period, where the finance minister's plan was to fight inflation. How is she going to address the skyrocketing cost of living, or the cost of groceries, with families going hungry, or the cost of gasoline? Parents want to drop off their kids at school or take them to hockey or music lessons, and they are realizing that a tank of gas costs double what it did just a year ago. That is not the kind of world we want to live in. That is not the kind of world we want to leave to our children.
Again, I know this is a sobering thought on the debate we are having today. There are 222 recommendations to spend without a critical eye being placed on each one of those recommendations. There is no critical eye on how future generations are going to pay for all of this. We, as a country, can do better. The government should do better, and some day a Conservative government will do better.
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- Mar/31/22 10:16:26 a.m.
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moved:
That, given that,
(i) excessive government spending has increased the deficit, the national debt, and fuelled inflation to its highest level in 31 years,
(ii) taxes on Canadians continue to increase, from the carbon tax to escalator taxes to Canada Pension Plan premiums,
(iii) the government refuses to provide relief to Canadians by temporarily reducing the Goods and Services Tax on gasoline and diesel,
the House call on the government to present a federal budget rooted in fiscal responsibility, with no new taxes, a path to balance, and a meaningful fiscal anchor.
He said: Mr. Speaker, I want to let you know that I am splitting my time with the member for Mégantic—L'Érable.
Excessive government spending; deficits as far as the eye can see; the largest national debt this country has ever seen, in fact doubled in a short six years; inflation running rampant; skyrocketing housing prices; seven years littered with broken promises: that is the record of the failed Liberal government.
The motion before us today is hoping to right the ship somewhat. As members know, next week on April 7, the Minister of Finance is going to be tabling in the House a budget that is intended to chart the pathway forward for this country when it comes to our finances and how we spend taxpayers' money. Given the fact that the last six years of the Liberal government has been such an unmitigated financial disaster, we would like to make some suggestions for what it could do to actually restore some sanity and probity into our fiscal situation here in our country.
Let me begin by talking about what Canadians have come to expect. Over the last two and a half years we have been fighting the COVID pandemic. Rightfully Canadians have been concerned about their health and the health of their neighbours, so we were asked to be vaccinated. Remember that? We were told if we were vaccinated we would not pick up the COVID virus. Of course, now we find out that is not true. I am triple vaccinated and I have not had the COVID virus. My wife is triple vaccinated. After she was triple vaccinated, she got the COVID virus and we live together, so the health authorities had that wrong.
I support vaccination, but the Liberals told us if Canadians got vaccinated we will have life return to normal. Lockdowns will be gone, mandates will be lifted and life will be back to normal. What happened? It was quite the opposite. We are still under lockdowns. We are still under vaccine mandates at the federal level, which is the Prime Minister's responsibility. Now we are faced with an even greater challenge and that is inflation. Today, our inflation rate is somewhere in the order of 5.7%.
House prices are up a whopping 30% in just this year alone, so how does the government expect young Canadian families who have this dream of home ownership to ever fulfill that dream? Millions of Canadians have lost that dream of home ownership.
We have seen gas prices at the pump go up 32% since February of this past year, 2021. Of course, those gas prices continue to climb in my region of Abbotsford and the greater Vancouver area. Some gas stations were charging $2.09 per litre of gas and right now there is no prospect of that going down at all. In fact, the prospect is that those prices will keep going up.
In order to address that issue, we as Conservatives, presented solutions. One of those solutions was tabled in the House a week ago, which was to, temporarily at least, lift the GST on gasoline purchases. Give Canadians a break. We had a debate in the House and guess what. Our NDP-Liberal friends voted against relief at the gas pumps. We brought forward another proposal, which was, why do we not lift the carbon tax? Let us get rid of the carbon tax and give motorists a break. We know the NDP-Liberal coalition is opposed to that. In fact, it is the government of high taxes.
Inflation is being driven by a number of factors. I have already mentioned taxes. Every time the current government raises taxes, whether it is carbon taxes or the rising GST revenues that it gets because of the rising gas prices, every time it imposes an escalator tax like it did for alcohol and every time it raises CPP premiums, that is a burden on Canadians and it is driving inflationary pressures in Canada.
However, it gets worse. Less than a year ago, the Minister of Finance was given a mandate letter from the Prime Minister in which she was instructed to engage in no more new permanent spending. Do members remember that? It was a directive to the finance minister for no new permanent spending. Guess what happened. Today, we are looking at pharmacare. That is new permanent spending. We are looking at dental care. That is new permanent spending. We are looking at transit. We are looking at numerous new spending programs, including child care for example. It goes on and on with broken promises.
By the way, in the most recent mandate letter, less than a year after the original one that prohibited new permanent spending, suddenly the mandate letter had no reference at all to new permanent spending. It is a government that loves to virtue signal on finances, on deficits, on debt and on spending, but it never delivers.
It gets worse. April 1, tomorrow, is April Fool's Day, and of course the Liberals are going to treat Canadians like fools. What are the Liberals going to do? They are going to increase the carbon tax by another $10 per tonne. Do members know what that means? For those provinces that have the carbon tax backstop it means another 11¢ at the pump. That is on the current Liberal government. They cannot blame that on anyone else.
It gets worse. Do people remember the last budget, a year ago, when the Minister of Finance talked about the stimulus that she was going to pump into the economy to get the economy going? The economy was already starting to grow and bounce back, but she insisted that she needed over $100 billion of additional money to pump into the economy. Guess what happened. There was so much money pumped into the economy that it has caused inflation, especially in the housing market. As I already mentioned, in one year alone, there was a 30% increase in housing prices. How are Canadians supposed to cope with that? How are Canadians supposed to cope?
We are facing an inflation crisis. We are facing a tax crisis crisis in this country. We are facing a spending crisis in this country. That is why today we are calling upon this finance minister, this Prime Minister and the NDP-Liberal government to do the right thing, which is to rein in spending. In this coming budget next week, we are calling on the government to make sure that there is a clear pathway toward balanced budgets, where we return to living within our means. That is what responsible governments do. We have not seen that for the last six years.
We are solution-oriented. We are asking the government to come up with a defensible, firm fiscal anchor that has a clear pathway to a balanced budget in the medium term. In the motion before them, members see that we are asking the government to address inflationary pressures, to address taxation that is going through the roof and to address the needs of Canadians.
Canadians are really struggling. They have lost their dream of home ownership. They cannot pay for gas for their cars to take their kids to hockey lessons, to school and to music lessons. They cannot afford life anymore. They cannot buy groceries. My goodness, we are living in one of the richest countries in the world and the current government has made it virtually impossible for many families to even afford groceries.
I am asking the government to do the right thing in its upcoming budget. I am asking it to find a pathway to balance, restrain spending and control the urge to spend. I know Liberal tax-and-spend is the way of this country whenever we have a Liberal government. However, I ask the Liberals to listen to us. We are solution-oriented.
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- Mar/30/22 3:07:38 p.m.
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Mr. Speaker, inflation is raging across our country. That is a fact, and Canadians are being left behind. They cannot get groceries. They cannot afford gas to take their kids to hockey or music lessons. The cost of everything is through the roof. We know paycheques do not go as far as they used to. We know Canadians are struggling to make ends meet, yet the minister refuses to act.
This is her mess. She is Canada's finance minister. Will her budget include a plan to fight Canada's affordability crisis?
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- Mar/30/22 3:05:50 p.m.
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Mr. Speaker, inflation is roaring out of control. Families do not know how they are going to pay for groceries or tank up their cars to get their kids to school. The dream of home ownership is now over for millions of Canadians. Ever since the finance minister took charge, the cost of living in Canada has skyrocketed. Things are not getting better. They are actually getting worse.
When will the minister tell Canadians how she plans to fight inflation? Will her next NDP-Liberal budget include such a plan?
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- Mar/21/22 2:32:02 p.m.
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Mr. Speaker, the question was for the finance minister.
Inflation is raging across our country and Canadians are being left behind. The cost of everything is skyrocketing. I mentioned gas, groceries and the price of home heating. Worse yet, millions of Canadians have lost their dream of home ownership as house prices spiral out of control, yet the minister does not seem to care.
When will she finally tell Canadians what she plans to do about the affordability crisis, and when will she table a budget?
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- Mar/21/22 2:30:28 p.m.
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Mr. Speaker, ever since this finance minister took charge, the cost of living has skyrocketed. Inflation is at a 30-year high. We know Canadians are struggling to balance their own budgets, and paycheques do not go as far as they used to. The cost of everything is out of control, including gas, groceries and housing, yet the minister does not seem to care. Things are not getting better for Canadians. They are getting worse.
When will the minister tell Canadians how she plans to fight inflation, and when will she table her next budget?
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- Mar/2/22 3:01:47 p.m.
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Mr. Speaker, it is very clear that the Prime Minister still is not interested in monetary policy, but he has a keen interest in spending taxpayers' dollars. His out-of-control borrowing has left future generations with a massive debt, raging inflation and rising interest rates. Canadian families with mortgages and credit card bills are being left behind as life becomes more unaffordable.
When will this Prime Minister take an interest in monetary policy, and when will he finally turn his mind to solving Canada's affordability crisis?
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- Mar/2/22 3:00:12 p.m.
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Mr. Speaker, today the Bank of Canada began to raise interest rates. I know the Prime Minister might be surprised, because it was he who famously once said that he does not think about monetary policy.
Millions of Canadians will begin to see their mortgage and credit card interest rates go up, making life even more unaffordable for them. With inflation rising and interest rates going up, what is the Prime Minister's plan to address this inflation and affordability crisis in Canada?
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- Feb/17/22 2:44:58 p.m.
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Mr. Speaker, for months now, the Liberal minister has been claiming that inflation is “transitory”. There is nothing to see here, folks. This week, Statistics Canada proved the minister wrong. Inflation is up again to 5.1%, the highest it has been in over 30 years. Prices are up 8% for fish, 12% for beef and 19% for bacon.
How does the minister expect Canadians to put food on the table? When is the government going to realize that it has lost complete control over inflation?
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