- Member of Parliament
- Member of Parliament
- Conservative
- New Brunswick Southwest
- New Brunswick
- Voting Attendance: 65%
- Expenses Last Quarter: $123,506.39
- Government Page
- Sep/18/23 2:53:55 p.m.
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Mr. Speaker, the price differential today for gasoline between the state of Maine and my province of New Brunswick is 60¢ a litre.
For eight years, Liberal MPs have voted to bring in and raise taxes on energy. They also voted to triple the carbon tax between now and 2030. The Prime Minister is not worth the cost. His carbon tax on farmers has raised the price of carrots by 74%.
Will the Prime Minister's big meeting with grocery CEOs bring down the 74% increase before Thanksgiving, yes or no?
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- Jun/12/23 2:54:28 p.m.
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Mr. Speaker, that is absurd. During the pandemic, $200 billion was spent that had nothing to do with helping Canadians. The current government just added another $60 billion to its inflationary bonfire, and it now has deficits for as far as the eye can see.
Canadians are struggling to put food on their tables. They are cancelling their summer vacations because of the Liberal-caused inflation. On our side of the House, we are willing to work all summer to fix and pass a budget that will bring down inflation, bring down deficits, and make home ownership and hard work affordable again.
Will the Prime Minister cancel his summer vacation? Will he get to work, or are surfboard—
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- Jun/12/23 2:52:35 p.m.
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Mr. Speaker, the Liberal government has run massive deficits for eight long years, and, as predicted, inflation has soared, leading to unaffordable mortgage rates for households across this country.
Canadians have the highest household debt in the G7, and today, we now have the highest risk of mortgage default in the OECD nations. The solution is obvious: It is to end deficit spending, stop inflation and help Canadian families.
Will the Prime Minister and his government commit to ending his inflationary spending to prevent a fiscal crisis?
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- Feb/14/23 12:29:47 p.m.
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Mr. Speaker, I am vaguely aware of the first Trudeau. What I find interesting is that the national energy policy that was devastating to Alberta and western provinces at least had Canada as the beneficiary, particularly industries in central Canada. However, I think it was a misguided policy.
I look at what the Liberal government is doing today, and it is not only ruining energy policy in this country but, at the same time, making energy more expensive and selling it to Americans and Europeans at a cheaper price. It is completely backwards.
The Prime Minister, in many senses, is doubling down on bad policy and is hurting Canadians.
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- Feb/14/23 12:28:32 p.m.
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Mr. Speaker, once again we are getting a lesson that does not follow economics 101. There is no doubt that profits for oil and gas have gone up, but that is because the policy of the government, with its NDP coalition, has been to restrict supply and ensure that demand is ahead of supply. We need to bring more hydrocarbons to market to bring down prices at the same time as we cut the carbon tax to give consumers and families a break. That is how we break the vice grip of inflation. It is not by contraction and pain. It is by growth, hope and opportunity.
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- Feb/14/23 12:27:28 p.m.
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Mr. Speaker, we are talking about several different things. Today we are talking about taxes and the government's massive spending that does not make much sense. We think that energy sources should not be subsidized, full stop.
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- Feb/14/23 12:25:52 p.m.
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Mr. Speaker, it is obviously not the latter, because the Prime Minister has told us he does not think about monetary policy.
We are not asking the Liberal government to be held accountable for inflation policies around the world. We are talking about this country. The Liberal government flooded our country with $400 billion in deficit spending, and we all know, or should know, that inflation is a monetary policy. The government devalued the value of Canadian currency and our savings, and we are paying for it now because of higher prices.
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- Feb/14/23 12:14:27 p.m.
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Mr. Speaker, I will be splitting my time with the member for South Shore—St. Margarets.
I am always honoured to rise in the House of Commons on behalf of my constituents to speak for individuals, families and communities in New Brunswick Southwest. New Brunswick is a place where people work hard, play by the rules and sacrifice for their kids and grandchildren. In this way, the Maritimes are really just like any other part of this great country.
Today, working hard is just not paying off like it once did. This is because the current federal Liberal government is not upholding its end of the bargain. It is not delivering on its promise to Canadians. Canada is at a difficult crossroads. The economic skies are very dark, and times are hard for Canadians. I remind the members opposite, the MPs who represent the Liberals and the NDP, that federal tax increases, sky-high deficits and out-of-control inflation are all results of deliberate policy choices made by the government, which they have supported for the last eight years.
What are the consequences of botched federal policies?
After eight years of the current Liberal Prime Minister, inflation is at a 40-year high. Since last year, the cost of groceries is up 11%. Half of Canadians are cutting back on groceries. Twenty per cent of Canadians, or one in five, are reducing or skipping meals to control costs and help make ends meet.
After eight years, the average rent for a two-bedroom apartment across Canada's 10 largest cities has doubled to over $2,200 a month, compared with less than $1,200 per month in 2015.
Nearly half of variable-rate mortgage holders are saying that rising interest rates could force them to sell or vacate their homes by the end of this year. Average monthly mortgage payments have more than doubled; they now cost typical Canadian family households over $3,000 per month.
Canadians are being squeezed by a vice grip of inflation and Bank of Canada mismanagement.
Liberal monetary policy has been a disaster, but this should not be a surprise. The Liberal leader informed Canadians in 2021 that he did not think about monetary policy. I actually thought the PM was boasting about not thinking, but look at the mess Canada is in. Liberal budgets are also moving in the wrong direction. The central philosophy is tax, spend and regulate. When that does not work, the Liberals hit repeat. They tax, spend and regulate.
Reckless Liberal spending, fuelled by easy debt, is the root cause of Canada's soaring inflation. The Government of Canada ballooned our national debt. It has doubled in the last eight years. The government has accumulated more debt than all previous prime ministers combined going back to 1867. This debt binge was encouraged by the Bank of Canada's policy of quantitative easing, and today, Canadians are paying for this entirely predictable effect of policy carelessness. The federal tax bite has worsened over the past eight years. Today, taxes on consumption and everyday living increase every year, while Canadians are falling further behind.
For the past eight years, the federal government has pursued a plan to make our affordable and abundant energy more expensive through regulation and ever-rising taxes. Home heating fuels, electricity and prices at the pump are all more heavily taxed, and the Liberals keep raising those taxes.
Canada can do better.
If we look back to eight years ago, taxes for families, businesses and individuals were lower in this country. If one earned a low income, one actually paid no federal income tax. The GST was cut to help low-income Canadians.
Our manufacturing and natural resources sectors were growing because Canada had a federal government that understood what fuels our economy and shared prosperity. Budgets were in surplus and taxes were cut. This allowed more households to save for the future, because federal government spending was focused on improving services and better outcomes for Canadians. Home ownership was growing, and people were able to afford the basics and save for tomorrow. Canadians, in short, were getting ahead.
Today, it is a completely different story. Inflation is at a 40-year high. Half of households earning less than $40,000 a year are worse off, because we know, should know or have learned that inflation is the price Canadians pay for all the government benefits the Liberals and their NDP coalition partners said would be free. We know that is just not true. Meanwhile, our allies across the globe are making desperate energy deals with dictators to buy oil and gas as Canada ignores requests for help. This is true in Asia and is true in Europe.
None of this happened by accident. It is the result of policy choices supported by the Liberal-NDP coalition. That is why today's motion is so important. It is a motion introduced by the Conservatives to get Canada back on track. It is a necessary course correction. We are calling on the Liberals to cap spending, cut waste, fire high-priced consultants who do not do much and eliminate inflationary deficits and taxes that have caused a cost of living crisis.
Unfortunately, I do not think members opposite will take advantage of this opportunity to fix their mistakes. They are committed to their belief that the federal government's primary role is wealth redistribution. In fact, the previous speaker said the government is about wealth redistribution, instead of what Conservatives believe in, which is expanding opportunity and creating wealth so we have the resources to fund our social programs and ensure Canadians get ahead. The Liberals are also preparing the next blow to our economy with a plan for a so-called just transition away from hydrocarbons.
I am a member of the public accounts committee, and we recently studied the government plan that seeks to shut down natural resource sectors to reduce carbon dioxide emissions. The government's planned transition will be so painful that it is being compared to the collapse of the northern cod fishery in Atlantic Canada in the 1990s, which was devastating. I note that the labour minister recently said Canada needs more oil and gas workers, not fewer, and cursed the misleading term “just transition”. That is because the member represents Newfoundland and Labrador and understands the danger the just transition poses to his economy and provincial economies across the country.
The members opposite are so desperate to hide this reality from the public that they are testing new buzzwords. How do they sell job losses? It is by mentioning “a fair economy, a green economy, a progressive economy, an economy that works for all Canadians, and an inclusive economy.” That is nonsense. What is so fair or inclusive about a federal government determined to put Canadians in the unemployment line? When someone is working two jobs just to make ends meet, pay their rent and buy food, as some of my constituents are, how can they possibly save enough to get ahead?
For years, the Conservatives said the carbon tax was a tax on everything. Members opposite scoffed, but today nobody is laughing as families struggle under punishing energy and consumer prices. The Liberals and NDP like to blame the Russians, but in my part of the world, over in the state of Maine next to New Brunswick, a litre of gasoline is 50¢ less after exchange than it is in New Brunswick. The Russians have nothing to do with it. That is tax policy and regulation policy driven by the Canadian government.
Members of the Liberal Party and the NDP are committed to a set of policies that are going to continue to push Canada down the wrong track. Government is about protecting and advancing the interests of Canadian families. The NDP-Liberal coalition has failed to do this. That is why it needs to be replaced so Canadians will not just get by but get ahead.
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- Nov/1/22 2:51:38 p.m.
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Mr. Speaker, the Liberals say they want to reduce inflation, but everything they are doing is going in the wrong direction. The Liberals are piling up more debt and taxpayers cannot keep up.
When the PM travels abroad, he stays in a $6,000-a-night hotel. The ArriveCAN scam cost $54 million and handed millions to Liberal insiders. The cost of the administrative state has exploded. The debt last year was $90 billion. The Liberals have racked up more debt than all Canadian governments combined.
When will the Liberal government stop, reverse course, bring down prices for Canadians and stop its inflationary spending?
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Madam Speaker, New Brunswick is large in its mind, and it is large in its geography as well. Thank you for recognizing me and permitting me to address this important piece of legislation. I should remind the House and members here that when we cut right through it, inflation is the price that we and all Canadians pay for the things that the government told us would be free. That really cuts to the core of this debate and why this bill is so important.
Parliamentary oversight and accountability are key pillars of our democracy that we as legislators should be determined to protect and safeguard. Members of Parliament have a great deal of respect for the work done over the decades by Canada's auditors general, along with the Parliamentary Budget Officer and the other independent offices of Parliament. As chairman of the public accounts committee, I have heard from our current Auditor General, Ms. Hogan, and her deputy, Mr. Hayes, on a number of occasions this year. I can say that MPs from both sides of this chamber welcome their analysis on the machinery of government, through audits of federal departments, agencies and Crown corporations.
The Auditor General's office has historically performed a valuable service to Canadian taxpayers. Their work informs us in this House of both the missteps and the achievements that come from fulfilling policies and programs implemented by the Government of Canada. With few exceptions, these policies and programs are tied to mandates given to them by the executive, that is the cabinet. Of course, those mandates come ultimately from Canada's voters. When civil servants do not adhere to these mandates, it is on us, as parliamentarians, to hold them accountable and to make course corrections.
As such, I wholeheartedly support Bill C-253 to bring the Bank of Canada under the purview of the Auditor General by including the central bank under section 85 of the Financial Administration Act. What this bill would do is authorize the Auditor General to include the Bank of Canada in her normal audit cycle, which means the Bank of Canada would be subject to the same types of routine audits that Crown corporations and departments undergo. That is it. At its core, this is about accountability and transparency, and adherence to its mandate and Parliament.
I applaud the member for Regina—Qu'Appelle for introducing this bill, because he, like me, wants accountability from the Bank of Canada to ensure it adheres to its mandate. Some hon. members protest that MPs should not examine or even criticize the Bank of Canada, because it is independent, but this is a view out of step with democratic oversight in the United States, Britain and other countries where lawmakers are today vigorously debating what their central banks got wrong. We can just turn to a couple of headlines, which read, “Former Fed Chair Ben Bernanke said the central bank erred in waiting to address inflation”, and “The Fed's slow response to inflation was a mistake”.
Another one, from the Financial Times, states, “MPs turn on bank's handling of economy as [British] government feels heat from cost of living crisis”. In fact, even here in Canada, the media are reporting about Bank of Canada officials. In this case, “Carolyn Rogers says the Bank of Canada is learning from its mistakes”, yet some feel that this House has no role in this debate.
Historically, the Bank of Canada has been focused on a stable rate of inflation, and the bank's previous governors successfully kept inflation under control. It was not always easy and it required work, independence and a focus on results. However, in recent years, the bank's references to employment targets has been a consideration. If colleagues look at the bank's website or listen to speeches that officials have made, other considerations are now being added by bank officials in its considerations.
More recently, the bank has also started to indicate that other goals, such as environmental and social objectives, would or could influence policy. Since the pandemic, the Liberal government's deficit spending program has been underwritten almost exclusively through the bank's use of quantitative easing. That is a fancy word for expanding the money supply, which is a polite way of saying “printing money”.
As my hon. colleague just pointed out, when we expand the money supply, we dilute or reduce its value, and that is what has happened today in Canadian wallets. Their paycheques and their savings are worth less than they previously were.
How has all of this worked out? As members of Parliament, we should not be afraid to ask, to probe questions and to seek answers. The bill we are considering would allow the Auditor General to conduct audits of the bank through its normal 10-year cycle. Such audits include performance evaluations, something that is not happening now as it would go beyond the fiscal balance sheet examinations.
This is an important and key addition, particularly since the central bank is implementing monetary policies that are without precedent, and this will have massive implications for things like interest rates, inflation, growth and household incomes going forward. It is necessary that the Bank of Canada be subject to more transparency and accountability by Parliament.
Of course, there is precedent for allowing the Auditor General to have jurisdiction over arm's-length independent financial institutions. The Public Sector Pension Investment Board operates free of political interference but is still subject to the Auditor General's oversight. This bill follows virtually the same model by amending the Financial Administration Act's exemption for the Bank of Canada to match the Public Sector Pension Investment Board. Again, we are calling for the Bank of Canada to be covered in a way that other arm's-length agencies are.
Let us return to mandates and accountability. The Bank of Canada and its governor, Tiff Macklem, wield an extreme amount of power by setting our nation's monetary policy, not economic policy, as one of the members on the government bench said, but monetary policy.
I would argue that the bank's governor is the most powerful unelected civil servant in Canada. At the same time, he is bound by the mandate of his office and therefore subject to accountability, for us to ask how this governor is doing in his job. Unlike other institutions that report to Parliament, the Bank of Canada is audited by external auditors, who are appointed by cabinet on the recommendation of the finance minister. Therein lies the problem. There is not enough oversight or independence.
The bank is responsible for maintaining low and stable inflation, a safe and secure currency, financial stability and the efficient management of government funds and public debt, but at its very core, the governor is responsible for keeping the rate of inflation between 1% and 3%. How is he doing? The rate of inflation, in this country, has hit 6.8%. That is a 30-year high and not a record of success.
Political elites do not want MPs or Canadians to talk about the Bank of Canada's shortcomings. This is to protect the governor from proper and legitimate criticism, yet Governor Macklem has blown Canada's inflation targets and, in doing so, was cozy with the Liberal government.
He should have done his job instead of echoing government talking points about non-existent fiscal anchors. The incestuous relationship between the Liberal government and the Bank of Canada should never have been permitted to develop.
Because the Bank of Canada did not properly perform its job, Canadian households are paying a high price and, I fear, will pay a high price for years to come. Interest rate hikes will be more punishing, and price increases will last longer than had an independent Bank of Canada acted sooner.
Instead of talking about the punishing financial hit on Canadian families and businesses, these gatekeepers, to shield the governor from legitimate public scrutiny, cried, “Respect the bank's independence.” Those cries ring hollow after the governor failed to exercise his own independence from the Liberals. The bank should be held accountable for its errors. This is not interference. This is accountability.
This bill is a modest reform to grant Parliament some oversight, since the Auditor General's audits would be tabled in Parliament and studied by its members. It would bring Canada's Parliament in step with other democracies in probing the Bank of Canada's implementation of its mandate. It would allow MPs to hold the Bank of Canada accountable and to ask and seek answers.
Conservatives do not wish to diminish the Bank of Canada's independence, but we want to ensure it is acting independently while fulfilling its mandate to control inflation. I support this bill, and I urge others to do likewise.
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- Feb/9/22 3:00:01 p.m.
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Mr. Speaker, it has been six years and these Liberals have failed to make life better for Canadians. They have delivered the largest cost in price increases we have seen in Canada in 30 years, plus Ottawa's anti-Canadian energy policies have only added to the pain in the Canadian economy.
The rising price of energy sets the prices for virtually everything else in the Canadian economy. Why is the Prime Minister making victims of seniors, working families and small businesses?
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- Feb/3/22 3:05:16 p.m.
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Mr. Speaker, when the Liberals came to power they promised to help Canadian families. Instead, this government has made everything more expensive. Their inflationary policies are the largest cost increase of all. Inflation has made us all poorer, because it adds to the price of everything. Today, the price of gasoline in my riding is over $1.50 a litre. It is 35% less across the border, in the state of Maine.
Does the finance minister understand that the government's policies are hurting Canadians and making us all poorer?
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