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Mark Gerretsen

  • Member of Parliament
  • Member of the Board of Internal Economy Deputy House leader of the government
  • Liberal
  • Kingston and the Islands
  • Ontario
  • Voting Attendance: 68%
  • Expenses Last Quarter: $112,228.33

  • Government Page
  • May/27/24 10:58:42 p.m.
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Mr. Speaker, the difference between the Liberals and the Conservatives is when the court makes a decision, we respect that decision. Even if we do not like it or even if we do not agree with it, we respect it. We do not then turn around and say maybe we will use the notwithstanding clause in order to supersede the decision, which is exactly what the Leader of the Opposition does. The member talked earlier in his speech about the inflationary budget and all this spending was going to lead to inflation. Conservatives have been scaring the public about that since the fall. However, here we are, for the fourth month in a row, and inflation is within the Bank of Canada's targets. As a matter of fact, inflation right now is the lowest it has been in three years. Can the member explain to the House how the inflationary budgets the Conservatives mentioned never actually ended up materializing to produce inflation?
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  • May/21/24 10:59:50 p.m.
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Madam Speaker, I rise today to speak to the very important piece of legislation before us. It is what we call the fall economic statement, which was, yes, introduced in the fall. Unfortunately, because of Conservative delay tactics and their continuing to put forward amendments and having multiple people speak to it, we still have not even gotten to the place where we can pass the fall economic statement. However, I will say that a lot has happened since then, particularly with respect to inflation. Members may recall that this particular piece of legislation came in at a time when inflation was still working its way downward but had not yet gotten into the range that the Bank of Canada dictates in its policy, which is within a range of 2% to 3%. We were seeing higher inflation. When I think back to when we were having these discussions in the fall, one of the things I think about is what Conservatives were saying about our budgetary measures at the time. They were saying that they were inflationary budgets. The Conservatives were saying to stop spending money because when the government spends money it is just adding to inflation. They said it over and over. All the experts came out and said that actually the particular programs that the government was running in order to support Canadians were providing money to some of the most vulnerable people, the people who would be utilizing the money for basic necessities, and this was not going to contribute to impacting inflation. However, that did not matter to Conservatives because it was not feeding their narrative, so they continued on, marching along and talking about the supports that we were making for Canadians as something that was going to affect inflation and continue to drive it up. We see today that the year-over-year inflationary rate is at 2.7%. This is the lowest it has been in three years. It has been within the range of 2% to 3% despite the fact that I know Conservatives were rooting for inflation to continue to rise because that would fit their political narrative, and they do not worry about the impact it has on Canadians. The Conservatives always just want the government to fail in any possible way it can, just so they can get a little political gain out of it, even if it means it comes at the expense of Canadians. We have seen inflation now, for four straight months in a row, within the target that the Bank of Canada sets, which is between 2% and 3%. Conservatives were wrong. They were wrong when they said that investing in Canadians contributed to inflation, and they were wrong in predicting an outcome where those investments would actually drive inflation up. We knew that was going to be the case, because all the experts were saying it at the time, but what the Conservatives were doing is something that the member for Fredericton was talking about earlier. The Conservatives intentionally used and continue to use against Canadians the anxieties that Canadians feel. The Conservatives use those anxieties and turn them into a weapon against the very people that they are impacting, and they are doing it just for political gain. That is the only reason. It is the exact same reason that Conservatives say over and over that inflation is caused by the Prime Minister and the current government. An hon. member: Yes, you got it. Mr. Mark Gerretsen: Madam Speaker, in reality, we know that inflation is something that is going on throughout the entire globe. I know that the member for Saskatoon—University just ran back in here and sat down so he could heckle me. I challenge him to ask me a question, to actually think about a question that he can ask me when it comes time to do so, because I am looking forward to hearing what he has to say about what I am saying right now. I will, of course, respond to that question. What we heard is not only Conservatives being wrong—
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  • May/21/24 7:42:50 p.m.
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Mr. Speaker, I listened to the member's entire speech, and the one thing I just cannot wrap my head around is how she can accuse government spending and government investing in Canadians through our budget of being inflationary. Conservatives have been saying for months now that by the investments we are putting into Canadians and the money that we are putting into the budget, we are just going to fuel inflation. However, the opposite is true; this is the lowest that inflation has been in three years. Over the last four months, inflation has been in the target range that the Bank of Canada sets, which is between 2% and 3%. In reality, there is no rise in inflation as a result of the budget. Does the member not recognize that what she is purporting and what the Conservatives are purporting was never actually a reality?
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  • Apr/9/24 3:50:04 p.m.
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Madam Speaker, I never said Canadians are not having a tough time. The world has gone through a lot in the last five years. The world has experienced inflation because of a whole bunch of events. The Conservatives think that the Prime Minister is incapable of doing just about anything, yet they credit him for bringing in inflation throughout the entire world. Every single day they get up to talk about how the Prime Minister is the cause of inflation. The inflationary impacts are happening throughout the world. I am not saying Canadians are not having a hard time and have not had a hard time over the last few years. What I am saying is that the Leader of the Opposition is using that anxiety to try to turn Canadians on each other. That is what he has been doing with the carbon tax. We have had a carbon tax since 2018. I will ask this of the people watching at home: Did this not just kind of pop up? Do they not feel as though this issue just came to light within the last six to eight months, even though we have had the carbon tax since 2018? Why do they think that is? There is nothing new. It has been around. It is because the Leader of the Opposition has suddenly started to use it as a weapon to motivate people's anxiety and to use it against them.
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  • Dec/14/23 1:02:00 p.m.
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Madam Speaker, I actually feel sorry for the member. I genuinely believe that he is one of the more progressive ones in his party, yet somehow he seems to have been sucked down the rabbit hole of the member for Carleton and his talking points. I genuinely do not believe that the member thinks that the inflationary impact has to do with government spending. He must know that it has more to do with global issues such as the war in Ukraine and the fact that every other country in the developed world is also experiencing inflation. Can he not, perhaps, at least agree that there are other factors that contribute to inflation?
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  • Jun/6/23 7:23:40 p.m.
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  • Re: Bill C-47 
Madam Speaker, I am willing to accept and agree that there are inflationary impacts on various policies that come forward. I am not disagreeing with that. It is the impact and the degree to which it does this that we have to consider. We should reflect on the fact that I am at least willing to have that discussion and to accept the fact that it is a possibility. Conservatives will not even accept the possibility that inflation is not limited to Canada; they think it is something uniquely Canadian. They think we can have a trading country like Canada, with one of the most trading relationships and partners in the world, and still not be impacted by inflation in other countries. Yes, we are experiencing inflation. It is tough on Canadians, but we are also helping them with it through this budget.
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  • Feb/14/23 12:24:40 p.m.
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Mr. Speaker, if we look at inflation throughout the globe and do not look at it just domestically, as the Conservatives like to do, we will recognize that Canada's inflation rate is among the lowest in the G7. Japan has an inflationary rate of 4%, France is at 5.8%, Canada is at 6.3%, the U.S. is at 6.4%, Germany is at 8.5%, the U.K. is at 9.2% and Italy is at 10.1%. When we look at energy specifically, both the U.S. and Canada have a 7.3% inflation rate. The rest of the G7 is anywhere between 15% and 64%. These are January 2023 numbers. How is it that Conservatives can continually get up in this House and say it is the sole responsibility of the Prime Minister of Canada that we are experiencing the inflation we have? One of two things is happening. One, they are just not paying attention to what is going on in the rest of the world, or two, they think the Prime Minister of Canada is incredibly capable of influencing inflation throughout the world. Which one is it?
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  • Dec/5/22 4:05:52 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I will focus on the first half of that speech, and in particular the member's criticism of spending. The reality is that the member is absolutely right when she talks about the fact that there are hard times now, and she is probably right that there are going to be more hard times before things get better. At times it will get harder. Why are the Conservatives opposed to things that would genuinely help those who need it the most, like dental care for kids under 12 whose family income falls under a certain threshold, like GST top-ups, like one-time rental assistance? These are the kinds of measures that economists say will not have an inflationary impact. I am curious as to why the member and Conservatives are against those kinds of measures, when she, by her own words, recognizes the hardships people are going through.
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  • Dec/5/22 1:29:24 p.m.
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  • Re: Bill C-32 
Madam Speaker, for a rudderless ship, I would say we are doing pretty well. The reality is that even when we look at something like Canada's inflationary rate among G7 partners, we have the second best next to Japan. When we look at economic growth, before the pandemic, out of the G7 partners, we were the fastest-growing economy. We are the best positioned to come out of the pandemic. The reality of the situation is, despite the fact that Conservatives might not like to acknowledge it, we are doing quite well, especially compared to our peer countries. Would the member at least acknowledge the fact that, looking at Canada compared to some of the other countries we compare ourselves to regularly, we are doing a pretty good job?
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  • Oct/20/22 1:32:27 p.m.
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Madam Speaker, we have heard, time after time, Conservatives come forward and talk about inflation as though it is a specific problem only to Canada. They say that Liberals and the Canadian government created this inflationary problem, but the reality is that just about every developed country in the world followed a similar pattern with their monetary policy in order to support their populations during the global pandemic. If that Conservative member is saying that inflation is strictly a Canadian problem and that monetary policy in Canada is what led to inflation, he is essentially saying the same thing for every developed country in the world. Is the Conservative Party basically saying that it is against the western world?
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  • Oct/5/22 8:54:30 p.m.
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  • Re: Bill C-31 
Mr. Speaker, there is so much incredible misinformation in that speech that I just do not even know where to begin. I would point out for the member that at the beginning of his speech he said that spending government money, in particular in this program, would have an inflationary impact. He then later went on to talk about how giving people $500 would not affect the economy, and he said it twice. Which one is it? Is it going to have an inflationary impact or is it not? That is what he said. He should review the tape. Maybe he misspoke. More importantly, the member talked about housing and said that the federal government should work with municipalities to cut red tape. I worked at the municipal level. I know the way that it works. He knows the way that it works. Every member in this House knows the way that it works. Municipality planning acts and their ability to change zoning and so on and so forth are 100% under the jurisdiction of provinces. He knows that. Why does he come to this place and say that the federal government should work with municipalities to remove red tape? It makes no sense.
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  • Sep/29/22 3:20:48 p.m.
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Mr. Speaker, I thank the member for Regina—Lewvan for taking one for the team, because it appears as though no other Conservative wanted to get up to ask me a question. I appreciate him doing that. Nonetheless, once again, he referred to it as “Liberal” inflation. It is global inflation, and out of the G7 countries, we are the third lowest in terms of the inflationary measure. How the Conservatives can get up time and time again to talk about inflation as though it is a problem unique to Canada absolutely gets me. By the way, as a piece of advice for them, the vast majority of Canadians realize this. I do not know who they think they are speaking to when they continually repeat that over and over, but Canadians do not believe what they are saying. The member asked me specifically about the price on pollution, or the carbon tax, as he refers to it. What the Conservatives continually leave out of that discussion is the fact that Canadians get back, through the climate action incentive rebate, the price they pay into it. By the way, the only provinces that are impacted by that price on pollution are the provinces that have not stepped up to do their part. Unfortunately, the province I live in, Ontario, is one of them. However, members can look at British Columbia, Quebec, Newfoundland and Labrador, Nova Scotia and New Brunswick, which all have programs in place and as a result do not have a price on pollution.
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  • Sep/29/22 3:19:14 p.m.
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Mr. Speaker, I absolutely do. We can look at the initiative that this government has brought forward with respect to increasing the GST rebate for six months. On that issue, I heard Conservative members early on in the debate talk about the inflationary impacts, yet if we talk to any economist out there, they will report back that the inflationary impacts of that particular program are next to nil. It will not have an impact on inflation. While the Conservatives continue to try to scare Canadians into trying to support them, as we have seen day after day, we will be focused on providing supports for Canadians that will have a genuine impact on their lives so that we can help them get through this time of inflationary impacts we are seeing throughout the world.
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  • Mar/21/22 1:07:51 p.m.
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Madam Speaker, the member said that the Liberal government has devalued the Canadian dollar. I am wondering by which measure he is making this claim. If the member is claiming it is based on valuing it against the U.S. dollar, the exchange rate is actually among the highest in the last five years. If he is talking about it in terms of what inflation has done to the Canadian dollar, indeed that inflationary impact has been felt around the entire globe. The value of our dollar still remains significantly higher than other countries'. Can the member clarify what he meant when he said the Liberal government has devalued the Canadian dollar? By most measures, that is just factually untrue.
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