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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: 59%
  • Expenses Last Quarter: $153,893.57

  • Government Page
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?
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