SoVote

Decentralized Democracy

Member of the National Security and Intelligence Committee of Parliamentarians

Don Davies

  • Member of Parliament
  • Member of the National Security and Intelligence Committee of Parliamentarians
  • NDP
  • Vancouver Kingsway
  • British Columbia
  • Voting Attendance: 58%
  • Expenses Last Quarter: $153,893.57

  • Government Page
Context: House Hansard - 142 - Dec/6/22
Mr. Don Davies (Vancouver Kingsway, NDP)
  • Dec/6/22 3:52:15 p.m.
  • Watch
  • Re: Bill C-32 
Madam Speaker, the great Canadian economist Jim Stanford just published a report through the Centre for Future Work, and he found the following: ...15 sectors...were...the source of the fastest price increases experienced in Canada since 2021. Products like gasoline, groceries, mortgage interest, home energy products, and building materials have led the acceleration of inflation—and those higher prices flow directly into the record profits recorded in those 15 sectors. Large price increases for just 8 specific products sold by those super-profitable sectors account for over half of the rise in Canadian prices in the latest 12-month period; without those 8 products, overall Canadian inflation would be one-third lower. Does my hon. colleague agree with the NDP that unless we attack the record profits and excess profits made by these corporate sectors, we are not going to get a handle on inflation in this country?
150 words
All Topics
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 128 - Nov/16/22
Mr. Don Davies (Vancouver Kingsway, NDP)
  • Nov/16/22 5:46:39 p.m.
  • Watch
  • Re: Bill C-32 
Madam Speaker, many economists, including Jim Stanford, have noted that the economic policy that is being used to combat inflation has historically led to a recession. Many economists are actually predicting a recession next year, and it is estimated that as many as 850,000 Canadian workers are at risk of losing their jobs as a result of that policy of quantitative tightening. What does my hon. colleague say to Canadian workers? What is her view of the Bank of Canada's policy of raising interest rates in an attempt to suppress wages, which will ultimately lead to a recession and many workers losing their jobs? Does she agree with that?
111 words
All Topics
  • Hear!
  • Rabble!
  • star_border