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Stephanie Kusie

  • Member of Parliament
  • Member of the panel of chairs for the legislative committees
  • Conservative
  • Calgary Midnapore
  • Alberta
  • Voting Attendance: 66%
  • Expenses Last Quarter: $141,419.87

  • Government Page
  • Nov/23/23 1:45:35 p.m.
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  • Re: Bill C-56 
Madam Speaker, it is always a pleasure to rise in the House of Commons to speak on behalf of the wonderful constituents of Calgary Midnapore. I will be splitting my time with a fellow Albertan, the member for St. Albert—Edmonton. I am going to tell members something that they know, that their constituents know, that my constituents know and that all of Canada knows. Without question, Canada is in an economic crisis. We see record inflation rates. We have certainly seen this across all consumers products, most specifically food where we saw a 40% hike across Canada. All families need to put food on their tables. As well, the cost of clothing, home heating, all these things have increased. We have seen horrific interest rates as a result of the government's out-of-control spending. Every single opportunity it has, it throws more fuel on the inflationary fire, as we saw this week with the fall economic statement. People who are currently trying to renew their mortgage, as was brilliantly pointed out by my leader, the member for Carleton, are now in a crisis as they attempt to get the best rate possible, as they attempt to hold onto their homes since mortgage rates have doubled, as have rental rates. We are in a housing crisis. The government has a failed housing accelerator plan, which I believe built, at the last count, 15 homes in the last fiscal year. It is an absolutely shameful number. What did the Liberals do? They brought forward this bill, Bill C-56. We have hope when we hear there is a fiscal bill on the horizon. We hope that somehow the Liberals will get the message, that they will do something sweeping for Canadians, something that will move the dial, that will make even a small change in the lives of Canadians. What did the Liberals do in the bill? They put forward two measures. We have inflation, interest and a housing crisis, and they put forward a bill with two small measures. The theme here is the same as it always is. The government could be doing so much more to help Canadians, but it consistently does the minimum. It consistently makes the choices that harm Canadians. This bill is another example of that, where it did the tiniest thing possible in the face of the economic crisis across the country. I am sure members are aware that the most recent deficit this year was at $46.5 billion. The President of the Treasury Board and the finance minister were off by over $6 billion. Certainly, $6 billion is an absolutely incredible amount, but this shows the lack of respect they have for Canadian taxpayer money. Canadians work hard to bring home this money and the government cannot even get it right in a single year. In fact, the deficit will be going up an average of $4 billion a year through fiscal year 2028-29. To put this into context, that is the year my son, who is now 12, will graduate from high school. He can only hope for the possibility that the government might balance the budget and get out of deficit by 2028. As we have seen, the government is incapable of that by putting forward Bill C-56 with two small measures. Recently, the Parliamentary Budget Officer was at the government operations committee, and will be returning today to discuss the supplementary estimates. I am sure he will give us a lot of good information. Last time he came to the government operations committee, he did not have very positive things to say about the government and its fiscal management in this time of an economic crisis. I asked the Parliamentary Budget Officer if the government reduced spending, would it have to rely less on nominal GDP, which is another area that is suffering, the productivity of Canada. In addition to having a spending problem, the government has a productivity problem. As my leader said, Canadians just want to get to work. His answer was yes, if I was asking if the government spent less could it reduce taxation. It is not surprising as we see the government's obsession with taxation, including the carbon tax, which has now quadrupled. It will go to any extent in an effort to support this carbon tax. We heard the Minister of Rural Economic Development admit that if other Canadians had just supported the governing party, they too might get this carve-out, the exemption from the carbon tax. This is the way the government operates. It cannot manage its finances and it cannot increase productivity for Canadians. There is this level of corruption, as is evidenced by the comment from the Minister of Rural Economic Development. The government could be doing so much more. On August 15, the President of the Treasury Board, my counterpart, said that she would find $15 billion, which is a tiny drop in the bucket, by October 2. As we have seen, $15 billion is not even a quarter of the current deficit. October 2 came and went, and what was announced? Nothing. There was one thing. One billion dollars was removed from our defence budget, at a time when we have significant instability in the world, with the war in Ukraine, with what we see currently in the Middle East and with Taiwan continuously under threat from its aggressor, China. Even she was not able to keep her promise of finding $15 billion by her imposed date of October 2. If the deficit is going up an average of $4 billion a year, that does not even negate the increase in the deficit. As I said, the President of the Treasury Board did not even meet her own target. Again, the government, with Bill C-56, had the opportunity to do something significant for Canadians and chose not to. It could be doing so much more. We will have the Parliamentary Budget Officer at the government operations committee today. The government is seeking approval for another $20.7 billion of spending in the supplementary estimates, which is more than a significant amount. It is a horrific amount. What has the government spent a huge sum of money on? Not surprisingly, and unfortunately, it was on consultants and consulting services. My Conservative colleagues and I tried to raise the alarm last year about McKinsey, not only with respect to the amount being spent on consultants but how the Liberals did not take their instructions from their constituents, as we do on this side of the House, but from their Liberal insider friends. The spending on professional and special services continues to increase and will be a record $21.6 billion in this fiscal year, in addition to the significant deficit I mentioned. Again, it will probably only increase based upon the spending request in the supplementary estimates. We have seen a failure with the Liberal-NDP government over the last eight years and a failure with the supplementary estimates. Then, when we are looking for hope in the fall economic statement, it is not there. It is more disappointment, as we see another $20 billion worth of fuel poured on the inflationary fire. We have seen this time and again. The government has a spending problem. It has a productivity growth problem. It has no leadership in Canada or in the world. The government could be doing so much more with Bill C-56, but it again chose to do nothing.
1259 words
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