SoVote

Decentralized Democracy

Mel Arnold

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • North Okanagan—Shuswap
  • British Columbia
  • Voting Attendance: 68%
  • Expenses Last Quarter: $117,514.07

  • Government Page
  • Nov/9/23 4:31:39 p.m.
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  • Re: Bill C-34 
Mr. Speaker, we are seeing that, after the inflationary spending of the current government, many businesses are struggling to survive. With the high interest rates that have been created, we are concerned about how many businesses may not be able to do so. However, to quickly sell them off to a foreign entity, which is really just looking to buy up businesses for pennies on the dollar, is not the answer. There should be a way for Canadians to invest in Canadian companies to make sure that those businesses are viable and can continue.
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  • Jun/13/23 2:14:19 p.m.
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Mr. Speaker, it has been 40 years since the Trudeau government caused such pain for Canadians with inflationary spending and skyrocketing interest rates. I remember when that Trudeau came through my hometown while on vacation and gave his famous Salmon Arm salute from his private rail car to a group of protesters calling for restraint on government spending. Interest rates would reach record levels and people could not afford to keep up with the soaring cost of living. Now, 40 years later, it is the same out-of-control spending. Sixty billion dollars' worth of fuel poured on the inflationary fire is causing the interest rates to rise 19-fold higher than they were a year ago, and the Prime Minister wants to go on another vacation. While the PM goes on vacation, Conservative members will work through the summer to make things right so that Canadians can afford groceries, the cost of living and homes. For their home, my home, our home, let us bring it home.
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  • Jun/5/23 9:55:45 p.m.
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Madam Speaker, there were promises in the 2015 election campaign from the Liberals of a small deficit for one year and then a return to balanced budgets, but what has been delivered is something totally different. We have seen eight years of inflationary spending, and now the government is signalling that it will never return to a balanced budget and will continue its out-of-control spending as long as it can. Hopefully, we can end that soon. If that were not bad enough, to go along with these massive deficits, we are seeing increasing interest rates in an attempt to rein in the skyrocketing inflation the deficits have caused. Compile all of this, and it spells bad news for Canadians. Canada's debt is projected to reach $1.22 trillion in fiscal year 2023-24. That is nearly $81,000 of debt per household. One of the results of this inflationary spending is to cause inflation to go up to the highest rates we have seen in 40 years. The previous high was under a former Liberal government with an out-of-control spending problem. The high inflation rate is resulting in the Bank of Canada raising interest rates to try to rein in inflation, rates that the Liberal government was warned about, but it failed to take the warning. Therefore, now, as a result, we have record high national debt combined with jacked-up interest rates that will see Canada's debt service costs projected to reach $43.9 billion for fiscal year 2023-24. Can members imagine the good $43.9 billion could do if it were not required to pay just for the debt? That is not to pay off the debt. That is just to pay the annual debt service cost. None of that estimated $43.9 billion would be going to reduce the deficit or the cost in future years. It is only to pay that annual debt service fee. That is $43.9 billion that could have gone to health care, to the nurses, doctors and hospitals where health care workers have been stretched to and beyond their limit. That is $43.9 billion that could have been going to infrastructure projects to improve water and wastewater projects in our communities, indigenous communities and municipalities. That is $43.9 billion that could have gone to transportation projects to help people get to work on time, or $43.9 billion to get homes built. However this $43.9 billion is only going to pay the debt service costs. I used to ask people at home if they could envision what $20 billion looked like because I myself had trouble envisioning what that looks like. I would get blank stares or heads shaking back, and so I would ask them if they can imagine what five $100 bills would look like in their hand. They would say, “Yes, I can picture five $100 bills.” I said that is what $20 billion is to every living Canadian, every infant, every youth, every adult, every senior and every veteran. It is five $100 bills in debt. That was what the $20-billion deficits were causing. Now we are seeing $40-billion deficits.
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  • Mar/8/23 7:14:52 p.m.
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Madam Speaker, it is always an honour to rise in this House as the representative of North Okanagan—Shuswap. It is such an honour to have this opportunity to circle back to a question that I did not consider got an adequate answer when asked the first time and seek a response that would give hope to seniors, those struggling under the inflationary policies of the government. On February 16 of this year, I put the following question through the Speaker: ...after eight years of the Liberal Prime Minister's inflationary policies, seniors cannot afford food. Barry told me that 40 out of 120 attendees at the mission he works at were seniors. People who used to donate to food banks are having to go to one because they cannot afford groceries. Will the Prime Minister take responsibility for seniors going without food, or will the Liberals get out of the way so the Conservatives can fix what they have broken and restore seniors' dignity? The response to the question was shameful, claiming that the government has been there for seniors. The way the government has been there for seniors has been to allow its out-of-control spending to contribute to inflation rates that we have not seen in 40 years. Food prices are climbing so fast that so many seniors are going to food banks because they cannot afford groceries. Another example of how the government has not been there for seniors came to light last week for me while talking to a restaurateur at home in the Shuswap. While talking to this restaurateur, I asked if she had been affected by rising food prices. The owner took a step back and gave me a look. She did not have to say anything. I knew what the answer was. She went on to tell me how she had built a lunchtime clientele from scratch by building the business for seniors. She built that business around seniors who often preferred a meal out at lunchtime so they did not have to drive at night or it was better for their digestive system than eating at night. She told me that lunchtime seniors clientele was drying up because of increasing food costs and because of the costs that she had to pass on to customers, prices like a case of cauliflower that used to cost her business $35 to $40 per case now costing $130 to $140, prices like green beans being $8 per pound, and these are wholesale prices. We are seeing even higher prices on grocery store shelves. For the government to say it has been there for seniors is truly shameful. What we have seen in the past eight years from the Prime Minister is that the price of a home has doubled and average rent prices soared above $2,000 in our 10 biggest cities. Nearly half of all Canadians with variable mortgages will no longer be able to afford those mortgages in nine months. Canadians are grappling with 40-year-high inflation. A quarter of Canadians cannot cover an unexpected cost of $500. Will the Prime Minister take responsibility for seniors going without food, or will the Liberals get out of the way so the Conservatives can fix what they have broken and restore seniors' dignity?
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