SoVote

Decentralized Democracy

Marty Morantz

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Charleswood—St. James—Assiniboia—Headingley
  • Manitoba
  • Voting Attendance: 66%
  • Expenses Last Quarter: $99,486.97

  • Government Page
  • Oct/7/22 12:32:26 p.m.
  • Watch
  • Re: Bill C-31 
Mr. Speaker, it is an honour to rise today to speak to Bill C-31. This summer, I spoke with thousands of constituents from Charleswood—St. James—Assiniboia—Headingley in person, over the phone and at community events. I met with small businesses, not-for-profit organizations and families. The struggles I heard about from people and small businesses are real and extensive. The fact that we are finally talking about the affordability crisis is a good thing. The members opposite have finally woken up and realized that there is actually a problem that has been very obvious to Canadians, with the exception of the Prime Minister and his cabinet. Inflation is a problem. Canadians are being hurt by it and the Liberal government's policies are making things far worse. It is important to remember how we got here. Back in 2020, the member for Carleton, who was, at the time, our shadow minister for finance, said that Canada was about to face this problem of significantly increasing inflation. He said that the significant increase we are seeing in government spending is going to drive inflation. At the time, those concerns were dismissed by the government, including the finance minister who said she was more concerned about deflation than inflation. She obviously got that very wrong. For two years, the government has been ignoring the cost of living crisis, but the election of the member for Carleton as Leader of the Opposition seems to have really focused the government's attention. However, the government seems to have turned to a new form of denial. This new form of denial is for them to say that inflation is not its fault and it has nothing to do with it. It says that inflation is happening everywhere and is the result of the invasion of Ukraine and other events, or it is supply chain blockages and the challenges of global supply chains. It turns out that the Prime Minister's not thinking about monetary policy has had devastating consequences for Canadians. For instance, the deputy governor of the Bank of Canada, Paul Beaudry, recently admitted in a speech just a couple weeks ago that governments and central banks should have withdrawn stimulus measures sooner. That would have kept inflation in check. He said, “It's likely a somewhat faster global withdrawal process could have made all countries better off”. Just yesterday, Governor Macklem said, “Some of this inflation reflects global developments that we don’t control, but inflation in Canada increasingly reflects what’s happening in Canada. The demand for goods and services here at home is running ahead of the economy’s ability to supply them.” The fact of the matter is that inflation was clearly an issue prior to the invasion of Ukraine. It is also hard to make sense of the claim that the global supply chains are responsible for instances where the goods are produced right here in Canada, yet the prices have been going up. Global supply chains can hardly be blamed for the escalating price of property and real estate that makes it increasingly difficult for Canadians to be able to afford housing. However, unfortunately, the measures the government has put in place are not moving us forward. They are not actually addressing the fundamental problem. In fact, in some respects, they are just making the problem worse. I can understand that there is confusion across the aisle when I say that. How can I say the Liberals' well-meaning plan will not only not work but will make things worse? This does not make sense to them. For those who truly believe that budgets balance themselves, I can understand that the concept of inflation must also be a difficult one. While the government says this legislation will tackle the real issues of Canadians in need of relief, the value of these supports on people budgets will rapidly proceed to nothing. They will evaporate quickly because of inflation and the cost of living crisis. For two years, Conservatives have been warning the Liberal government about the consequences of its actions and how much it would hurt Canadians, and it is hurting Canadians right across the country right now. While members opposite and their coalition partners in the NDP will undoubtedly pat themselves on the back for handing out $500 rent cheques, which, by the way, most renters would not even qualify for, that is a mere fraction of the increased cost that Canadians are paying just to put food on the table. If the Prime Minister was serious about solving the housing crisis in this country, he would listen to Conservatives and increase the supply of housing. Our housing bubble is the second largest in the world. We have recently learned that the percentage of Canadians who own their own home is at its lowest level in over 30 years. We have the most land in the G7, yet we have the fewest houses in the G7 on a per capita basis. The Liberals can pat themselves on the back for spending all of this money on housing, but when we look at the results, we have the fewest houses in the G7, as I said, and among the highest prices, which have doubled under the government's watch. Canadians are now paying half of their paycheques just to put a roof over their heads. I think that it is obvious the government's housing policy has been a total and utter failure. Conservatives have been talking about precisely where the government could reduce costs, which would directly help to reduce the inflation that is shredding the value of people's paycheques and household budgets. The government could use a one-for-one rule, which would mean, for every dollar spent, one must find a dollar of savings. It could cancel all planned tax increases, including paycheque tax hikes scheduled for January 1 and tax hikes on groceries, gas and home heating scheduled for April 1. It could cancel the escalator excise tax, which is also scheduled for April 1. That is right, the Liberals even want to increase the price of a beer. It is shameful. Leaving those scheduled increases on the books will be catastrophic to Canadian and small business bank accounts. Besides government revenues from gas taxes and GST, the reality is that they have already soared due to inflation. While kitchen cabinets are looking pretty bare, the Liberal cabinet is pretty flush. What is their brilliant solution? It is to send out cheques to people to help them pay the new taxes the government just levied on them. It never ceases to amaze me how the government thinks that raising taxes on Canadians will make life more affordable for Canadians. Let us change course today. Instead of just printing more money, we need to produce more of the things that money buys; produce more affordable food, energy and natural resources here in Canada; and build more houses. We need to remove the barriers that the Prime Minister has put in place. The bottom line is that this bill fuels inflation and fails to address the government's excessive spending, which caused this inflation crisis in the first place. This legislation may be styled as an act respecting cost of living relief measures, but this is not a serious plan, not at all, to address the cost of living. It is more Liberal smoke and mirrors. It is an empty PR exercise in the absence of any real plan. That is why I will be opposing the bill.
1276 words
All Topics
  • Hear!
  • Rabble!
  • star_border