SoVote

Hon. Ed Fast

Member of Parliament
Conservative

Abbotsford
British Columbia
Voting Attendance: 66%
Expenses Last Quarter: $146,571.88

Government Page

Apr/4/22 1:56:46 p.m.
Watch
Re: Bill C-8

Mr. Speaker, my colleague for Prince Albert has it right. Canada is the place where we should be investing. We should be harnessing the power of our energy sector to get clean energy to the rest of the world. Unfortunately, the NDP-Liberal coalition government does not understand that. We know that this Thursday, the NDP-Liberal government is going to be tabling its 2022 budget. Quite frankly, based on the government's track record these past seven years, I expect it will again fail to meet the expectations and aspirations Canadians have for their future. For two long years, Canadians have been resilient, hoping to see a return to normal once mandates began to lift, lockdowns were lifted and Canadians were vaccinated, but instead, Canadians are struggling more than ever due to a soaring consumer price inflation rate, which stands at 5.7% today and is going up. In fact, the Governor of the Bank of Canada has suggested that it is going to get worse before it gets better, and Canadians have a right to be concerned. They see inflation at a 30-year high and skyrocketing housing prices, which have exacerbated the mess that our Liberal government has made of the economy. Economists have been warning for well over a year that there was an inflation crisis coming, yet the experts in our government assured us that inflation was transitory and there was nothing to see here. Meanwhile, hundreds of billions of dollars in special stimulus, as the Prime Minister called it, was being pumped into our economy. Of course, those were taxpayers' dollars, and they were beginning to flood into our economy, with the excess cash driving the inflation rate and driving up the cost of everything. The Conservatives had warned the finance minister that out-of-control borrowing and spending without a plan to return to balanced budgets and a plan to manage the massive debt the Liberal government was leaving behind would leave future generations of Canadians to pay for this mess, this huge albatross hanging around their necks, going forward. However, we understand why this has happened. It is because, as members know, the Prime Minister said that he does not think about monetary policy. For the leader of this country not to care about monetary policy and its role in driving inflation in this country is appalling. When I have an opportunity to continue my speech after question period, I would love to elucidate and expand on those comments.

417 words

All Topics

Context: House Hansard - 43 - Mar/22/22

Hon. Ed Fast

Mar/22/22 10:22:44 a.m.
Watch

Mr. Speaker, my colleague from British Columbia rolls out this often-articulated trope that somehow extreme prices are due to price gouging by the oil companies and retailers. That is nonsense. There is not a shred of evidence to support that. He did note that oil companies are making windfall profits right now because of the high prices of oil and gas. He is right, but in reality that money is also taxed. It translates into tax revenue that the federal government receives, which is why we have these windfall revenues at the federal level. We believe those, at least in part, should be applied to lifting the GST on gas and diesel.

113 words

Context: House Hansard - 3 - Nov/24/21

Hon. Ed Fast

Nov/24/21 7:59:32 p.m.
Watch

Mr. Speaker, I am a bit disappointed with the member's question. Here we are debating perhaps the disaster of our lifetime, a historic disaster across southern British Columbia. This is not about a fight over oil and gas. This is about the people of Abbotsford, the Fraser Valley, the Fraser Canyon and the interior of British Columbia who are suffering immensely right now. They do not want to have a fight right now about oil and gas. What they want is an assurance from the government that it will be there for them and that in the future the government will deliver the kinds of infrastructure investments that will ensure this never happens to them again.

117 words

SoVote

Member of Parliament

Hon. Ed Fast