SoVote

Decentralized Democracy

Marty Morantz

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Charleswood—St. James—Assiniboia—Headingley
  • Manitoba
  • Voting Attendance: 65%
  • Expenses Last Quarter: $99,486.97

  • Government Page
  • May/15/23 2:54:46 p.m.
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Mr. Speaker, the finance minister plans to spend $490 billion in this budget but is refusing to show up at the finance committee for just two hours to answer questions. The budget would drive every Canadian family another $4,200 into debt. Canada has the fifth-highest increase in government spending and the third-largest increase in our debt-to-GDP ratio. Our debt has increased faster than that of almost every other advanced country. Just last November, the finance minister promised to balance the budget by 2028. In this budget, her deficits go on forever and ever. Why is she breaking that promise?
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  • Mar/27/23 3:00:25 p.m.
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Mr. Speaker, after eight years of this Prime Minister, former bank governor, Stephen Poloz, now says that Liberal deficit spending drove up inflation. The current bank governor said the same thing last fall. If he will not listen to us, maybe the Prime Minister will listen to the bank governors. Inflationary Liberal spending and taxes drive up the cost of everything. People cannot afford to eat or even heat their homes. To make matters worse, now the Liberals are going to triple the carbon tax. I have a simple question. Will the Prime Minister commit to no new taxes?
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  • Mar/22/23 2:14:42 p.m.
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Mr. Speaker, after eight years under the Prime Minister, the dream of home ownership has died. The average rent for a two-bedroom apartment has doubled since 2015. The average monthly mortgage payment has more than doubled, from $1,400 to over $3,200. Canadians are finding it impossible to save for a down payment or afford a mortgage. All of their hard-earned money is going to skyrocketing rent and groceries thanks to the Prime Minister's inflationary spending and taxes. Young people are doing everything we asked them to do: going to school, getting a job and working hard. However, they still cannot afford to own a home. They deserve better. Conservatives will bring homes Canadians can afford, cut taxes so that we can bring home more pay, sell unused federal buildings to convert to housing and remove the gatekeepers to build more homes. We know that the Liberals do not believe in the dream of home ownership, but Conservatives do. When it comes to home ownership, it is time for the Prime Minister to move out of his taxpayer-funded home so that Canadians can move into theirs.
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  • Feb/10/23 11:44:51 a.m.
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Madam Speaker, after eight years of the Liberal Prime Minister, he leaves a sad legacy. It is not his fault that Canadians cannot afford to eat, heat or house themselves, he says, but now he is making it even worse. He is going to triple the carbon tax. Conservatives will turn all this hurt into hope by fighting to keep the heat on and take the tax off. Will the Prime Minister take responsibility for this mess he made and get out of the way so Conservatives can fix what he broke?
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  • Dec/7/22 3:08:13 p.m.
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Mr. Speaker, we have seen $52 billion in new inflationary spending and $500 billion in deficits in just two years. Yesterday the Auditor General reported that $32 billion in overpayments and suspicious payments just went out the door. The Governor of the Bank of Canada said that if Liberal spending had been less, inflation would have been lower, and today interest rates went up by another half a per cent. The Prime Minister's big spending is now hurting Canadians. Will he stop the spending, stop the waste and get inflation under control finally?
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  • Nov/29/22 2:13:15 p.m.
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Mr. Speaker, the Liberal government says that inflation in Canada is not its fault. Blowing up people's mortgage payments is not its fault. High interest rates are not its fault. If one cannot afford gas, groceries or home heating, it is not its fault either. However, now we know the truth. The Governor of the Bank of Canada has confirmed “inflation in Canada increasingly reflects what's happening in Canada.” Former Bank of Canada governor Mark Carney even said, “[Inflation] is quite broad...most of it is now domestically generated inflation.” The truth is that the cost of government is driving up the cost of living. The more the Liberals spend, the more things cost. Just last week, the Governor of the Bank of Canada admitted as much when he confirmed that, if government spending had been just half of what it was during the pandemic, we would be seeing lower inflation today. He said that inflation is costing each Canadian an extra $3,500 per year. The Prime Minister is out of touch and Canadians are out of money. Instead of creating more cash, it is time to create more of what cash buys.
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  • Nov/24/22 3:05:32 p.m.
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Mr. Speaker, the reality is that 40% of spending that took place during the pandemic, according to the government's own appointed Parliamentary Budget Officer, had absolutely zero to do with the pandemic. The member's response is cold comfort for those who cannot afford to heat their homes because of the carbon tax or cannot afford to stay in their homes because of interest rates, or cannot afford groceries because of inflation. The fact of the matter is that the Governor of the Bank Canada has now confirmed what we all feared: excessive government spending is the cause of made-in-Canada inflation. Will the Prime Minister stop this problem, stop the spending and get inflation under control?
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  • Nov/14/22 6:05:10 p.m.
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  • Re: Bill C-32 
Madam Speaker, unfortunately I have bad news for the member. The fall economic statement is going to make things far worse for seniors in his riding and all of our ridings. The reason is that the government spent $500 billion in a very short period of time and printed a lot of that money it make it happen. That is the petri dish for triggering inflation. Conservatives had two simple asks in the fall economic update. We wanted no new taxes and no new spending unless it was paid for by commensurate savings within existing budgets. The fall economic update did neither of those things. In fact, it went the opposite way and increased taxes and spending. Additional spending at this point on the order of $20 billion or more is going to trigger even more inflation and make it much harder for seniors across Canada to make ends meet.
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  • Nov/14/22 5:54:46 p.m.
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  • Re: Bill C-32 
Madam Speaker, I will be sharing my time with the member for Prince George—Peace River—Northern Rockies. A staggering $1.2 trillion is how much debt the finance minister tells us we will be up to our necks in by just next year. The Liberals have doubled our national debt since they came to power. The Prime Minister has incurred more debt than all prime ministers who came before him. The Liberals have doubled the debt, they have tripled the carbon tax and, to make matters worse, they have quadrupled people's mortgage payments, because Liberal inflation has led to Liberal interest rate hikes. A favourite quote of mine is from Winston Churchill, who famously said, “Gentlemen, we have run out of money; now we have to think.” Well, it turns out the Prime Minister not wanting to think about monetary policy has had absolutely devastating consequences for Canadians. The Conservatives had two simple asks: one, no new taxes, and two, no new spending unless it is paid for with equal savings. However, the Liberals did just the opposite. They are going to triple the carbon tax and increase spending by $21 billion. That is their brilliant plan to combat inflation. It is obvious that a Prime Minister who does not mind spending Canadians' hard-earned tax dollars on a swanky $6,000 hotel room and a finance minister who defines belt tightening as cancelling her Disney+ subscription just do not get it. However, do members know who does get it? It is everyone else. This economic plan does nothing to address Canada's cost of living crisis. With a $40.1-billion increase in revenues just this year, this statement shows that inflation is not only increasing the cost of living but increasing taxes on Canadians. Instead of giving Canadians much-needed relief during this time, the costly coalition seeks to profit off increased inflation. Canadians are out of money and the Prime Minister is out of touch. Members opposite do not seem to know the facts. Do they not know that interest payments on our debt will double this year, costing nearly as much as the Canada health transfer? Do they not know that Canadians continue to cut their diets, and mothers are putting water in their children's milk because they cannot afford 10% annual food inflation? Do they not know that home prices have doubled over the last seven years, forcing young Canadians to live in their parents' basements? Do they not know that food bank usage has soared to an all-time high, recording 1.5 million visits in just one month? No, they do not know, but the Conservatives know what it will take to solve this inflation crisis. Let us stop creating more cash. Rather, we should create more of what cash buys. If I had to sum up the fall economic statement in one word, do members know what word I would use? I would use the word “deceptive”. It is deceptive because its central theme is this farcical tale that tough times might be ahead of us, but hey, Canada is on the right track, our fiscal policy is sound and at least we are doing better than everyone else. It is deceptive because it portends to be fiscally responsible when it is not. It is deceptive because it portends to rein in spending when it does not. It is deceptive because it portends to rein in inflation when it does not. It is deceptive because it portends to offer relief to Canadians when it does not. It is deceptive because language like “economic slowdown” belies the reality of a looming recession. Now, we know that the Liberals are experts at shirking responsibility. Inflation is not their fault. Blowing up people's mortgage payments is not their fault. If one cannot get a passport, it is not their fault. If we cannot afford gas, groceries or home heating, that is not their fault either. Who do they blame? Well, it is Putin, of course, the war, supply chains, COVID or corporate profiteering. It is never their fault. They will blame anything. However, when we pose the question asking whether inflation was caused by a failed domestic monetary policy that ballooned the money supply by 27% in two years from $1.8 trillion to $2.3 trillion or by massive deficit spending, they will say no, that is not it; it is the war. Do members not see that it is Putin? This is what is happening. The cost of government is driving up the cost of living. Half a billion dollars in inflationary deficits means more money chasing fewer goods, which drives up the cost of everything. Inflationary taxes drive up the cost of goods. The more the Liberals spend, the more things cost. Their argument that inflation was not triggered by domestic policy simply stretches credulity. In recent weeks, experts from across the country have presented the government with an uncomfortable truth: The inflation crisis is in fact a domestic crisis. After doubling our national debt, now the finance minister says it is time to be fiscally responsible. It is time to turn off the taps, and more spending would, in her words, “force the Bank of Canada to raise interest rates even higher. It would make life more expensive, for everyone, for longer.” Remarkably, in the same statement, she increases spending anyway, by $21 billion. By the way, spending is already way up. In 2020, just before the pandemic, federal program spending was $338 billion. Now the finance minister says in 2023 it will be $437 billion, a whopping 29% increase in spending over prepandemic levels. When it comes to COVID, I will offer the Liberals a bit of an olive branch. The pandemic necessitated a certain degree of spending, which Conservatives voted for. However, the problem is, of the $500 billion they spent in deficit, over $200 billion had absolutely zero to do with COVID. Even before 2020, in the good old days of sunny ways, the government added a staggering $112 billion to our debt. I understand why the Liberals do not want to think about this. When Canadians realize how badly their tax dollars have been mismanaged, make no mistake, they will hold the government to account. Here is another uncomfortable truth. For far too long, Europe was content with getting its energy from a brutal despot, but today that is no longer an option. Now the continent prepares for a winter that can only be described as hellish. We could have been there for them. However, the Liberals once again dropped the ball. While Canada sits upon the most ethically produced supply of natural gas on the planet, our friends in Europe are being held for ransom, begging to buy overpriced blood natural gas from Putin. We could have been there for them, but the Prime Minister decided not to invest in exporting our natural gas. We could have been there for them, while creating good-paying Canadian energy jobs. We could have been there for them while generating revenue for Canadians, but the Prime Minister did not want to think about developing Canadian natural resources, and now Europe is paying the price. Canada does not get the sale, and Putin rakes it in, all the while funding his brutal war. It is frustrating to see the Liberals being so inflexible and so ideological that they refuse to accept this fact almost 10 months into this brutal war. Talk about choosing posturing over prosperity. I wish I had something positive to say about the fall economic update. I wish I could commend the government for exercising even an iota of the fiscal discipline that it claims to have suddenly converted to. This so-called fiscal discipline is relative only to the massive spending over the last two and a half years. Just about anything is a success when working with such a low benchmark. It is the financial equivalent of gorging on Halloween candy, minus a few chocolate bars here and there, and telling the world that the diet is “going well”. Ironically, when Conservatives propose fiscal responsibility, Liberals brand it austerity. When Liberals feebly try to do the same, it is called fiscal discipline. We have been trying to reach across the aisle for months now. Just a few weeks ago, it looked like we had seen some progress when the finance minister endorsed our “pay as you go” approach to her cabinet colleagues. However, there is not a word of that policy in the update. When will the government commit to a real plan to balance the budget and stop adding fuel to the inflationary fire? It goes without saying that $1.2 trillion is a lot of money to owe. Right now, I say that Canadians have 1.2 trillion reasons to reject the Prime Minister's failed economic policy.
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  • Oct/7/22 12:45:16 p.m.
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  • Re: Bill C-31 
Mr. Speaker, we both have the same idea of wanting to help Canadians, but we just disagree on the best way to provide that help. On this side of the House, we think that Canadians are overtaxed, and the best thing the government could do right now is not raise taxes on Canadians when the cost of everything is going up. It needs to not triple the carbon tax, not increase the paycheque tax and stop charging more for beer.
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  • Oct/7/22 12:44:00 p.m.
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  • Re: Bill C-31 
Mr. Speaker, the reality is that this bill would do nothing to help Canadians. I hate to sound like a broken record, but we need to keep repeating this so the government gets its head around it: It cannot be increasing taxes when prices are going up. The best way to help children in this country is to leave a bit more of their parents' paycheques in their pockets. That would be the best social support the government could provide, and it needs to do it.
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  • Oct/7/22 12:42:53 p.m.
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  • Re: Bill C-31 
Mr. Speaker, we have a housing crisis in this country, and the fact of the matter is that the purported supports for rent in this bill would not go nearly far enough. If the government really wanted to tackle the affordability crisis, it would stop the tripling of the carbon tax, stop the hike in paycheque taxes, halt the excise tax increase and not bring in any new taxes. That is what would help Canadians the most at this very difficult time.
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  • Oct/7/22 12:41:33 p.m.
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  • Re: Bill C-31 
Mr. Speaker, do we know who is disappointed? It is the middle class and those working hard to join it. After seven years of failed government policies, the government has let them down. The reality is that, if the government was really serious about the cost of living crisis, it would actually take our recommendations. It would not be increasing taxes on Canadians at a time when prices are going up for Canadians. It would stop the tripling of the carbon tax. It would stop the paycheque tax, and for heaven's sake, somebody has to tell it not to increase the price of beer again.
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  • Oct/7/22 12:32:26 p.m.
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  • 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.
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  • Oct/6/22 10:19:54 a.m.
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Madam Speaker, I have listened to the hon. member's speech, and I have to say that only the NDP could think that raising taxes on Canadians would make life more affordable. Talk about topsy-turvy. Raising taxes would make life more affordable, what a fantasy world. The fact of the matter is that if the NDP were really serious about making life more affordable, it and its Liberal coalition partners would not be tripling the carbon tax. They have allowed housing prices and gas prices to spiral out of control. They are increasing the paycheque taxes. How can we take this member seriously when his logic is just so backwards?
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  • Sep/22/22 12:39:22 p.m.
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  • Re: Bill C-31 
Mr. Speaker, just two days ago in a speech, the deputy governor of the Bank of Canada, Mr. Beaudry, said that in hindsight, governments and central banks should have withdrawn stimulus measures earlier to keep a lid on inflation. Why is the government ignoring his advice completely and adding $4.5 billion in additional stimulus spending, which will make inflation even higher? These benefits will be eaten up by additional inflation in no time flat.
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  • Jun/17/22 11:40:54 a.m.
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Madam Speaker, gas prices, food prices, home prices, what do they all have in common? They are all going up, way up. What else is going way up? It is government revenues from the massive taxes it collects on those things. While the Liberal cabinet is flush with cash, kitchen cabinets are looking pretty bare. Will the Prime Minister finally wake up, have just a little compassion for those who are struggling and give Canadians a tax break so they can at least afford to put food on the table?
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  • Jun/16/22 2:53:08 p.m.
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Mr. Speaker, while Canadians find themselves having to choose between putting gas in their cars and food on the table, and while this government is stoking inflation with continued deficit spending, the Prime Minister says, “Let them eat cake”, while the wine flows liberally aboard Can Force One on the taxpayer's dime. When will the government finally sober up and start putting Canadians first?
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  • Jun/10/22 2:15:45 p.m.
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Mr. Speaker, I am honoured to rise today to speak to Motion No. 45, brought forward by my colleague from Etobicoke North. The motion asks for the following: That: (a) the House recognize that (i) seniors deserve a dignified retirement free from financial worry, (ii) many seniors are worried about their retirement savings running out, (iii) many seniors are concerned about being able to live independently in their own homes; and (b) in the opinion of the House, the government should undertake a study examining population aging, longevity, interest rates, and registered retirement income funds, and report its findings and recommendations to the House within 12 months of the adoption of this motion. My riding of Charleswood—St. James—Assiniboia—Headingley in Manitoba is home to many seniors. Seniors helped build this country and our communities. I have always said that they need to be treated with the respect they are due for building our communities while raising their families. We all stand on their shoulders in this place. I stay in touch with many seniors I represent, because I value their experience and their wisdom. Not a day goes by that I do not receive an important email or phone call from seniors I represent who are concerned about their finances. Many are on fixed incomes from their retirement pensions. They are worried about rampant inflation, which has been directly caused by the massive, out-of-control quantitative easing program instituted by the Bank of Canada. Even the Bank of Canada governor, Tiff Macklem, acknowledged that he and his lieutenants misjudged the strength of inflation at the start of the year, and pledged to act “as forcefully as needed” to make up for the mistake. During testimony at the Senate banking committee on April 27, he said that we are coming “out of the deepest recession we've ever had, but...we got a lot of things right and we got some things wrong, and we are adjusting.” Inflation eats away at pension income because price inflation makes everything more expensive. It erodes the basic fixed income of every senior. The bank's main responsibility was to keep inflation at 2%, but now inflation is at almost 7% because of the bank's mismanagement of this issue, as admitted by the governor. I note that the motion is also concerned about interest rates. As a result of the bank's mismanagement of inflation, it has been forced to raise interest rates. The bank now uses higher interest rates as a tool to curb inflation. Higher interest rates are great if people have savings, but if they are still paying a mortgage or a car loan, which many seniors do, this just compounds the problem. Any discussion of this matter should in fact include a discussion of how to protect seniors against inflation eroding their incomes. In my view, this motion is very timely. Seniors on fixed incomes have been hurt by the bank's mistakes and now have to make difficult decisions around what foods they can afford, or whether they can afford to visit their grandchildren or buy them presents. On top of this, to add insult to injury, instead of providing an adequate income for Canadian seniors, by any identifiable metric the government has done just the opposite. It promised to help seniors and Canadians suffering during the deadliest pandemic the globe has seen in a century. In order to facilitate this, the government implemented COVID-related financial relief. Despite warnings from its own ministerial officials, the government sat on its laurels and allowed this benefit, which was taxable, to decimate tens of thousands of vulnerable, low-income seniors this past year by clawing back their GIS. Only after months of advocacy by my Conservative colleagues did the Minister of Seniors finally take action to fix her government's mistake by introducing Bill C-12 and issuing a one-time payment to affected seniors. Better late than never, as they say. While I am happy to support the motion, I just cannot help but feel that this will be just another study collecting dust on the shelf in the minister's office. The fact of the matter is that these issues have already been studied many times. Seniors do not want or need another study. They want action now, not a year from now or after yet another study. Seniors want action right now, not 12 months from now or three or four years from now. We have a number of studies that are either done or in the process of being done, and recommendations to follow up on. The HUMA committee is currently studying the effects of COVID-19 on seniors. This study covers much of the same ground as what this motion calls for. There will be a large overlap between the information the committee has already gathered and what the member's motion hopes to achieve. Also, back in 2018, a motion moved by the member for Nickel Belt, Motion No. 106, seconded by many House caucus colleagues, asked the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities to study and report back to the House on important issues such as increasing income security for vulnerable seniors and ensuring quality of life and equality for all seniors via the development of a national seniors strategy, among other things. Seniors are still waiting for that national strategy four years later. The result of the committee's work was a 142-page report entitled “Advancing Inclusion and Quality of Life for Seniors”, which made 29 recommendations. Many of these recommendations speak directly to the motion we are debating here today, and the government has unsurprisingly failed to act on many of them. There is not time to review every recommendation in the 10 minutes I am allotted, but one of the areas my hon. friend mentioned in her motion is interest rates and registered retirement income funds. As I said, we on this side agree that affordability for seniors was an issue before COVID and before the recent record increase in inflation and the cost of living under the government's watch. This was caused largely by the mistakes of the Bank of Canada, which it has admitted to. The very first recommendation of the 2018 report reads, “That Employment and Social Development Canada work with Finance Canada and the Canada Revenue Agency to review and strengthen existing federal income support programs for vulnerable seniors to ensure they provide adequate income.” Four long and difficult years later, seniors know that this recommendation, along with the national strategy, has been ignored. In addition to the GIS clawback I mentioned earlier in July of last year, the then minister of seniors announced a one-time payment of $500 to seniors aged 75 and over, stating, “Canadian seniors can always count on us to listen, understand their needs and work hard to deliver for them.” However, apparently, the government was unaware that one particularly important need for seniors, especially those on benefits, is to receive timely and accurate tax information. Once again, the government's incompetence resulted in over 90,000 Canadian seniors receiving the wrong tax information, jeopardizing their ability to file their taxes on time. They now run the risk of once again having their benefits cut off through no fault of their own. That is why our party advocated for the government to extend the deadline for seniors filing their taxes so there would remain zero risk of vulnerable seniors having their benefits taken from them by the government once again. When it comes to seniors, the government is all talk but little action. Seniors cannot afford to be an afterthought when it is implementing policies and programs designed to help them. We must work together as a House to deliver results. That is why I will be voting in favour of my hon. colleague's motion. I look forward to seeing the findings implemented efficiently, effectively, speedily, and most importantly, not another four years down the road.
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  • Jun/10/22 11:35:08 a.m.
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Mr. Speaker, the Prime Minister keeps saying that the government took on debt during the pandemic so that Canadians would not have to. It turns out that it just did not work. Now the Bank of Canada reports that Canadians' biggest vulnerability is higher household indebtedness. In fact, interest rates are on the rise, and people are at risk of losing their homes. This is a very important question. Will the minister finally admit that the Liberal government's irresponsible spending led to this cost-of-living crisis? Is that not right?
92 words
  • Hear!
  • Rabble!
  • star_border