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Member of Parliament

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
Context: House Hansard - 100 - Sep/22/22
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Sep/22/22 5:23:05 p.m.
  • Watch
  • Re: Bill C-30 
Madam Speaker, I know the Prime Minister does not like to think about monetary policy. I know the members of the Bloc do care about money policy because I have discussed monetary policy with some of them. The reality is that it is generally accepted that, when the money supply is increased, it causes inflation. I am not an economist, so do not take it from me, but the reality is that just two days ago, in a speech, Mr. Beaudry, the deputy governor of the Bank of Canada, said that in hindsight, governments and central banks should have actually withdrawn stimulus measures earlier to keep a lid on inflation. I am asking, after $400 billion in stimulus spending over the last two years, why would the Bloc agree to throw fuel on the fire of inflation? The people of Quebec, just like all of the people of Canada, are suffering from inflation. These benefits will be eaten up by additional inflation before they have had any effect. I would appreciate an answer to that question.
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