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Decentralized Democracy

Hon. Pierre Poilievre

  • Member of Parliament
  • Leader of the Conservative Party of Canada Leader of the Opposition
  • Conservative
  • Carleton
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $61,288.13

  • Government Page
  • May/27/24 2:21:45 p.m.
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Mr. Speaker, after nine years, the NDP-Liberal Prime Minister is not worth the cost of mortgages, 76% of which will become more expensive over the next three years, according to the federal banking regulator, OSFI. This, after the Prime Minister said rates would stay low for long. We know that his massive government deficits have driven rates up two percentage points higher than they otherwise would be, according to Scotiabank. Will he accept my common-sense, dollar-for-dollar plan to cap spending and cut waste to bring down interest rates so Canadians can keep their homes?
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  • May/1/24 3:07:47 p.m.
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Mr. Speaker, as a result of the Prime Minister's decision to double the national debt, with support from the Bloc Québécois, we are paying $54.1 billion in interest on the debt alone. That is more than we spend on health care. That is the total amount collected in GST. Every time Canadians buy something, the GST simply goes to pay wealthy bankers. Why is he wasting our money to benefit wealthy bankers instead of using it to provide services to Canadians?
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  • Apr/17/24 3:07:01 p.m.
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Mr. Speaker, even a former NDP leader has more common sense than the current Prime Minister and the current leader of the NDP. Thomas Mulcair said yesterday that this government is going to spend $54.1 billion on interest on the debt, in other words on bankers. That is exactly how much is collected with the GST. Every penny that Canadians spend on GST is going not toward services, but toward bankers. Does the Prime Minister think that is acceptable?
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  • Apr/17/24 2:31:08 p.m.
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Mr. Speaker, he is the ultrawealthy. He hid his family fortune in a tax-sheltered trust fund so that he would not have to pay the same taxes as everyone else. He vacations with the ultrawealthy on their private islands in tax-preferred locations where they can hide their money and avoid paying their fair share here in Canada. Now, he is paying off the ultrawealthy by spending $54 billion on debt interest, more than on health care. Why give more money to the ultrawealthy bankers and bondholders instead of the nurses and doctors?
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  • Apr/15/24 2:21:33 p.m.
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Mr. Speaker, common-sense Conservatives will axe the tax, build the homes, fix the budget and stop the crime. This Prime Minister is not worth the cost of interest. According to Scotiabank, the Prime Minister's deficits are adding two full percentage points extra in interest costs for the average family. That works out to about $6,000 for a modest mortgage of $300,000. That is six grand in extra mortgage payments from these deficits alone. Will they finally wake up to the fact that this NDP-Liberal Prime Minister is not worth the cost?
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  • Apr/10/24 2:27:50 p.m.
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Mr. Speaker, we are finding out today from the Bank of Canada that the Prime Minister is not worth the cost. In September, the bank governor said that if government spending were to grow, then interest rates would have to stay high. That was echoed by the former bank governor and incoming Liberal leader, Mark Carney, who indicated that he does not expect rates to fall quickly, and that it is partly because of a lack of fiscal discipline. If the Prime Minister will not listen to me, why will he not listen to his successor and understand that he is not worth the cost of high interest rates?
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  • Apr/10/24 2:23:51 p.m.
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Mr. Speaker, when I was minister, the cost of housing was half of what it is today, and hundreds of thousands of housing units were being built with low interest rates. Today we learned that the Bank of Canada will not be lowering interest rates. Why is that? The Bank of Canada Governor said that if the government spends too much, the bank will be forced to keep interest rates high, which will force people into bankruptcy. Will the Prime Minister accept my common-sense plan to fix the budget with a dollar-for-dollar rule to bring down interest rates?
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  • Apr/9/24 2:19:48 p.m.
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Mr. Speaker, the common-sense Conservatives are going to axe the tax, build the homes, fix the budget and stop the crime. However, this Prime Minister is not worth the cost. After eight years, he has doubled the national debt, causing generational inflation and forcing two million Canadians to turn to food banks thanks to programs that did not work. His own figures show that the Prime Minister will be spending more on servicing interest on the debt than on health care. Why is he giving more money to bankers than to doctors and nurses?
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  • Apr/8/24 2:23:12 p.m.
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Mr. Speaker, while the common-sense Conservatives want to fix the budget to bring down inflation and interest rates, the Prime Minister is not worth the cost of mortgages. According to Scotiabank's chief economist, this Prime Minister's inflationary deficits are increasing interest rates by 2% and preventing the Bank of Canada from lowering them. Canadians could lose their homes because of big multi-billion dollar announcements of inflationary spending. Will the Prime Minister acknowledge that this spending and these mortgages are not worth the cost?
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  • Mar/18/24 2:20:47 p.m.
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Mr. Speaker, there seems to have been some misinterpretation. The question was about the forestry sector, which the Prime Minister wants to shut down with a decree that oversteps Quebec's jurisdiction, while the common-sense Conservatives want to stand up for workers. Another headline in the Journal de Montréal reads, “‘These people are starving’: Police forced to respond to at least two organizations distributing food hampers”. Why is the Prime Minister forcing people to use food banks with his taxes and inflationary deficits?
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  • Feb/27/24 2:27:05 p.m.
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Mr. Speaker, that answer just proves that, after eight years, the NDP-Liberal Prime Minister is not worth the cost. It is not just that a million more people will visit food banks this year than in last year's record-smashing year; it is that now there is a large Facebook group of 8,000 people who call themselves the “Dumpster Diving Network”. So desperate are they that, not only can they not afford groceries or find food at food banks, they are literally jumping into garbage cans to find food. How desperate do Canadians have to get before the government will finally axe its tax on food?
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  • Feb/27/24 2:25:41 p.m.
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Mr. Speaker, what I understand is that after eight years, the NDP-Liberal Prime Minister is not worth the cost of food. If he thought that grocery profits were too high after eight years, one would think that he might have done something about it. Instead, we now have a massive increase. Let us get this straight, Second Harvest predicts there will be a million more visits to food banks this year than in last year's record-breaking year. In fact, many charities can no longer give people food because they have actually run out. In light of the failure of the carbon tax and the pain it is causing, will the Liberals axe the tax so that Canadians can afford to eat?
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  • Feb/14/24 2:36:00 p.m.
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Mr. Speaker, that is more proof the Prime Minister is not worth the cost or the corruption. After eight years of doubling housing costs, quadrupling the carbon tax and sending two million people to food banks, he somehow found a quarter of a billion dollars for this one company, which boasts on its website that it is now Ottawa's fastest-growing company. There is no doubt about that when its employees are having their faces stuffed with tax dollars by the Prime Minister. Why is it that when Canadians are starving in food bank lines, the Prime Minister finds a quarter of a billion dollars for his friends?
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  • Feb/1/24 2:25:50 p.m.
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Mr. Speaker, the Prime Minister has accomplished something only he could do. Our central bank, which can create cash, is actually losing money. How did this happen? He forced the central bank to create $600 billion in cash to fund his overspending over the last three years. To pay for it, the bank makes deposits into the accounts of large financial institutions. Interest rates on those deposits, of course, have gone through the roof, meaning that taxpayers are now forced to bail out those losses. Will he admit that his incompetence now forces Canadians to pay twice: once for the inflation the money printing caused and twice to bail out the bank, which is failing?
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  • Nov/29/23 2:28:24 p.m.
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Mr. Speaker, never has a Prime Minister been so ashamed to defend his own economic update, and we know why. Years after he said that there would be no consequences for doubling the national debt, we have learned that this Prime Minister is going to spend more next year on interest on the debt than he does on health care. Once again, why does the Prime Minister want to give more to bankers than to nurses?
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  • Nov/28/23 2:21:00 p.m.
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Mr. Speaker, after eight years, this Prime Minister is not worth the cost. He said that doubling the national debt would not have any consequences because interest rates were low, but those same deficits drove up interest rates and, next year, the government will be spending $52 billion, or $3,000 per Canadian family, on interest on the national debt. That is more than the government will be spending on health. Why is the Prime Minister spending more on bankers than on nurses?
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  • Nov/27/23 2:21:30 p.m.
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Mr. Speaker, he would make a good employment minister for South Korea. As a side note, the Prime Minister told us there would be no consequences for doubling the national debt. In its economic update, however, the government now admits that next year, it will spend $52 billion, or $3,000 for every Canadian family, on interest on the debt. That means it will spend more on debt interest than on health care. Why is the Prime Minister spending more on bankers than on nurses?
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  • Nov/22/23 2:38:25 p.m.
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Mr. Speaker, as the Prime Minister was doubling our national debt, adding more debt than all previous 22 prime ministers combined, he claimed there would be no cost because interest rates, he said, were low, but those low interest rates are gone and the debt is still here. Yesterday, we learned that interest on the debt has gone up by over 100%, to $52.4 billion. That is more than the $52.1 billion we spend on health care and double what we spend on the military. Why is the Prime Minister taking money from nurses and soldiers and giving it to bankers and bondholders?
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  • Nov/22/23 2:36:58 p.m.
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Mr. Speaker, the Prime Minister, who is not worth the cost after eight years, promised us that all the money he was adding to the debt would never cost anything because interest rates were low. Now we know that the amount the government is going to spend next year to cover interest on the debt has doubled to $52 billion. That is more than we spend on health care and twice as much as we spend on the military. Why is the Prime Minister taking money from soldiers and nurses and giving it to bankers?
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  • Nov/21/23 2:22:49 p.m.
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Mr. Speaker, austerity and cuts are exactly what Canadian families are living with today. Seven million of them are cutting meals because they cannot afford food prices after he has inflated them. Many are cutting homes and are forced to live in tents because mortgage rates have risen so fast under the Prime Minister's deficits. Scotiabank now calculates that government deficits are adding two full percentage points to the rates. That is $700 per month in higher mortgage payments. In the next three years, $900 billion of new mortgages, or two-thirds, will come up for renewal. We risk a massive default crisis. Will the Prime Minister announce a plan to balance the budget, to bring down mortgage rates, so Canadians can keep their homes?
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