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
  • Jun/3/24 2:53:34 p.m.
  • Watch
Mr. Speaker, the fact of the matter is that the Canadian standard of living is declining. In the United States, GDP per capita has grown more than 8% since 2019. Our economy is now underperforming the United States by the widest margin since 1965, while under the Prime Minister, the government has grown morbidly obese. More Canadians are visiting food banks than ever before. This is economic malpractice. Why is the Prime Minister spending so much to make Canadians so poor?
81 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/3/24 2:52:12 p.m.
  • Watch
Mr. Speaker, after nine years of the NDP-Liberal government, never before has so much been spent to achieve so little. Despite a doubling of the national debt, today, Statistics Canada confirmed that GDP per capita has fallen again for the sixth time in seven quarters. Under the Prime Minister, Canadians have seen one of the steepest falls in the standard of living in our history. Why is the Prime Minister spending so much to make Canadians so poor?
79 words
  • Hear!
  • Rabble!
  • star_border
  • May/7/24 2:34:26 p.m.
  • Watch
Mr. Speaker, after nine years of the NDP-Liberal government, interest on our national debt is more than we spend on health care. The Prime Minister is spending more money lining the pockets of wealthy bankers and bondholders than making sure Canadians get the health care they need. On Thursday, the bank governor told the finance committee that government spending was “not helpful” in bringing down inflation and interest rates. When will the Prime Minister finally start listening and get spending under control to bring down inflation and interest rates?
92 words
  • Hear!
  • Rabble!
  • star_border
  • Apr/18/24 4:01:49 p.m.
  • Watch
Mr. Speaker, everyday Canadians are paying for the exorbitant interest costs generated by the irresponsible deficit spending of the government, $54.1 billion. That is over a billion dollars a week on the backs of Canadian taxpayers going to wealthy bankers and bondholders and not to health care or child care. It is shameful, absolutely shameful. It was not like this before the current Prime Minister and it is not going to be like this after he is gone.
79 words
  • Hear!
  • Rabble!
  • star_border
Mr. Speaker, this budget is ironically called “Fairness for Every Generation.” After nine years of the Prime Minister trying to make things fair, he sure has not done a very good job. Things are not fair. Is it fair to every generation that every year life is less affordable? Is it fair to every generation that rents are sky-high? Is it fair to every generation that one in four kids cannot afford to eat? Is it fair to every generation that it takes almost 20 years just to save up for a down payment? The Prime Minister is not worth the cost for any generation. This is the ninth straight year of deficit spending. In 2015, the federal debt was $616 billion, accumulated from 1867, when Canada began. Today, it is $1.25 trillion, double. The Prime Minister has borrowed more money than all other prime ministers combined. The result is that, after 20 years of low inflation and interest rates, the Prime Minister's irresponsible inflationary spending has upended Canada's stable economy. This year, Canada will spend $54.1 billion on interest to wealthy bankers and bondholders, instead of to doctors and nurses, to service the Prime Minister's debt. That is the same amount collected in GST. We should change the name of that tax from the GST to the DST, the debt servicing tax. It is also more money than the government spends on health care or on the Canada child benefit. This is what happens when a Prime Minister does not want to think about monetary policy. The result is that mortgage payments have doubled, down payments have doubled, rents have doubled, the cost of gas, groceries and home heating have skyrocketed, and people cannot afford to eat, heat or house themselves. Instead of reining in spending to bring inflation under control, the Prime Minister acts like a pyromaniac, throwing another $40 billion on the inflationary fire. This is despite warnings from economists, including Bank of Canada Governor Tiff Macklem, who cautioned that government spending is at the upper bound. This will make it much harder for the bank to lower interest rates. This is not a partisan point. Former parliamentary budget officer Kevin Page expressed this yesterday, telling Global News, “We gotta get those interest rates down. So on a net basis, this is just not good for inflation.” Former Liberal finance minister John Manley also warned this government months ago that it was pressing on the inflationary gas pedal with its spending. Even former Liberal-appointed governor of the Bank of Canada David Dodge said he believes that this will be the “worst budget” since 1982. The definition of insanity is doing the same thing over and over again and expecting a different result. After nine deficits and doubling the national debt, Canada is less fair and Canadians are worse off. Now the finance minister says that what Canadians really want is a stronger government to make things fairer. By making government bigger, the Liberals have made citizens weaker. Conservatives believe that smaller government makes for bigger citizens. This is not a government that gives people everything they want. It is a government that takes everything they have. Members do not have to take it from me. Just yesterday, in the Financial Post, it was written, “we’ve become a growth laggard and our living standards have largely stagnated for the better part of a decade.” Part of our declining standard of living has to do with the fact that Canada has the worst productivity in the G7. Our GDP growth has been driven primarily by population and labour force growth, not productivity improvements. That may increase the total amount of goods and services, but it does not translate into increased living standards. This is a real crisis. From 2000 to 2023, the growth rate of Canada's real per person GDP was 0.7%. That is meaningfully worse than the G7 average of 1% and the United States', whose GDP per person growth rate was 1.2%, almost double. Our country is facing a productivity crisis that threatens to erode this country’s standard of living and erase many Canadians' hopes for a more prosperous future. Just a few weeks ago the Bank of Canada's deputy governor Carolyn Rogers said that we have a productivity emergency, and “in case of emergency, break glass.” Even former Liberal finance minister Bill Morneau says the budget is a threat to investment and economic growth. It is time to take action by, for instance, reducing regulatory barriers to investment, celebrating entrepreneurship, bolstering the profit incentive for private investment and loosening the federal government's tight grip on the economy. Unfortunately, the Prime Minister does the exact opposite. There has been one change, though. The borrow-and-spend Liberals are now the tax-and-spend Liberals. On top of gouging Canadians with their April 1 tax hikes, they have decided that they know better how to spend businesses' money than the hard-working Canadians who actually run those businesses. This is not a partisan point. Dan Kelly, president of the CFIB, said, “What worries me the most about [these tax] changes is the potential to demotivate Canadians from getting into business in the first place or working hard to grow a small business to a medium-sized business”. He is not the only one. Harley Finkelstein, president of Canada’s greatest tech company, Shopify, said: We need to be doing everything we can to turn Canada into the best place for entrepreneurs to build. What's proposed in the federal budget will do the complete opposite. Innovators and entrepreneurs will suffer and their success will be penalized—this is...a tax on innovation and risk taking. Our policy failures are America's gains. At a time when our country is facing critically low productivity and business investment our political leaders are failing our country's entrepreneurs. For nine years, the Prime Minister has told Canadians that the rich would pay for the cost of his spending, but the truth is that it has been everyday Canadians who have been the ones paying. The Prime Minister has already raised his punishing carbon tax by 23% on April 1, and with $40 billion in new inflationary spending, Canadians will continue to pay the inflation tax that hurts the poorest among us the most. Whatever the Prime Minister says, it will not be him and his billionaire friends who pay for new spending. It will be single moms, workers and small business owners. We cannot tax our way to prosperity, and no government program can increase productivity better than the power of the free market, spurred on by Canadian entrepreneurs. We need to celebrate entrepreneurship in this country, not punish it. Conservatives had three simple demands for the budget: axe the tax on farmers and food by immediately passing Bill C-234 in its original form; build the homes, not bureaucracy, by requiring cities to permit 15% more homebuilding each year as a condition for receiving federal infrastructure money; and cap spending with a dollar-for-dollar rule to bring down interest rates and inflation. The government must find a dollar in savings for every dollar of spending. The Prime Minister did none of those things, and for those reasons, Conservatives will not be supporting the budget.
1245 words
  • Hear!
  • Rabble!
  • star_border
  • Oct/16/23 2:59:58 p.m.
  • Watch
Mr. Speaker, after eight years of the NDP-Liberal government, a half a billion dollars in inflationary deficits has fuelled 40-year inflation highs, causing the Bank of Canada to raise interest rates. In the midst of a housing crisis, mortgage defaults and forced home sales are on the rise. People are losing their homes. This Prime Minister is just not worth the cost. Will the Prime Minister finally put an end to his inflationary spending so that Canadians can keep a roof over their heads?
86 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/21/23 9:09:09 p.m.
  • Watch
Madam Speaker, I listened with interest to the member's speech. He said something to the effect that Liberals do not cut anything, that they never cut anything and they always make investments. I wonder if he is aware of the most draconian budget in Canadian history, by a government that did not just cut program spending but actually also cut health transfers and education transfers to provinces. It was delivered on February 27, 1995, by then finance minister Paul Martin. I wonder if he could advise us whether he is aware of those cuts.
95 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/12/23 3:04:16 p.m.
  • Watch
Mr. Speaker, that is certainly not a very serious answer. The bank governor is working to rein in inflation by increasing interest rates. At the same time, the Prime Minister's massive $60-billion spending spree is fuelling inflation and has caused yet another interest rate hike just last week. While the Liberals are making the Bank of Canada's job even harder, it is ordinary Canadians who will be dropping their keys off at their banks and saying goodbye to their homes. Will the Prime Minister put an end to his inflationary deficit spending and let Canadians keep their homes?
101 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/12/23 3:03:04 p.m.
  • Watch
Mr. Speaker, this is a very serious problem. Massive Liberal deficits are fuelling inflation. Inflation causes interest rates to go up. Higher interest rates lead to higher mortgage payments and more mortgage defaults. To stop mortgage defaults, we need to balance the budget, end the big deficits and reduce interest rates. Will the Prime Minister end his inflationary deficit spending so Canadians can afford to live?
66 words
  • Hear!
  • Rabble!
  • star_border
  • May/15/23 2:54:46 p.m.
  • Watch
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?
104 words
All Topics
  • Hear!
  • Rabble!
  • star_border
  • Apr/27/23 12:30:30 p.m.
  • Watch
Madam Speaker, the reality is that the current Prime Minister has increased spending on our public service by $20 billion at the same time as increasing spending on external consultants by $20 billion, and he still managed to trigger the largest strike in Canadian history. Yes, I do worry about the workers in this country, but I lay the problems workers have in this country squarely at the feet of the Prime Minister.
73 words
  • Hear!
  • Rabble!
  • star_border
  • Apr/24/23 1:18:22 p.m.
  • Watch
  • Re: Bill C-47 
Madam Speaker, the Parliamentary Budget Officer reviewed the budget and identified close to $800 million in what the government is calling non-announced spending. This would be in addition to the billions of dollars in non-announced spending announced last year. I am wondering if the member could tell us what this spending would be for.
56 words
  • Hear!
  • Rabble!
  • star_border
  • Dec/7/22 3:08:13 p.m.
  • Watch
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?
94 words
All Topics
  • Hear!
  • Rabble!
  • star_border
  • Dec/6/22 3:20:24 p.m.
  • Watch
  • Re: Bill C-32 
Madam Speaker, in the Parliamentary Budget Officer's review of the fall economic statement, Bill C-32, he categorized $14.2 billion as unannounced spending. I am just wondering if, before we go to actually vote on this bill, the member would tell us what the details of that spending are.
51 words
  • Hear!
  • Rabble!
  • star_border
  • Dec/6/22 11:13:55 a.m.
  • Watch
  • Re: Bill C-32 
Madam Speaker, I wonder if the member could answer a question for me. The Parliamentary Budget Officer identified $14.2 billion in what he called unannounced spending in the fall economic statement. Can the member tell us what it will be spent on before we vote to approve it?
49 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/29/22 2:13:15 p.m.
  • Watch
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.
200 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/24/22 3:05:32 p.m.
  • Watch
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?
119 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/24/22 3:04:11 p.m.
  • Watch
Mr. Speaker, since 2015, the Prime Minister has doubled our national debt to $1.2 trillion. Over $100 billion of that was even prior to the pandemic. He has incurred more debt than all other prime ministers combined. Just yesterday, the Governor of the Bank of Canada told me that, but for this massive spending, inflation would have been less. This is a very important question: Will the Prime Minister finally admit that his failed fiscal policy is costing Canadians more for everything?
83 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/14/22 6:05:10 p.m.
  • Watch
  • 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.
150 words
All Topics
  • Hear!
  • Rabble!
  • star_border
  • 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