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Decentralized Democracy

House Hansard - 14

44th Parl. 1st Sess.
December 9, 2021 10:00AM
  • Dec/9/21 2:19:28 p.m.
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Mr. Speaker, half of Canadians under 30 have given up on owning a home. The Canadian dream used to be that we worked hard so that our kids would have even more opportunity than we had. The Liberals have dashed that dream. Inflation is driving up the price of everything. Even a quarter of those who can afford a home are vulnerable to next year's interest-rate hikes. Why is the finance minister still ignoring the inflation crisis hitting Canadian families?
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  • Dec/9/21 2:20:38 p.m.
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Mr. Speaker, national leadership? We are the only country with housing price increases approaching 40%, and food inflation is the worst it has been in more than a decade. Next year, it is going to take another $1,000 out of every family's budget. Canadians are going to be paying more for everything from bread to vegetables, and paycheques are already being squeezed to the breaking point. My question is pretty simple. Maybe that minister will answer, after the Prime Minister and Deputy Prime Minister have refused. Will the Liberals finally start thinking about monetary policy?
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  • Dec/9/21 2:21:37 p.m.
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“We are increasingly concerned that the BoC’s mandate may change.” Mr. Speaker, that is a quote from one of Canada's leading economists, and that quote should have all Canadians concerned. Young Canadians are already priced out of owning a home. All Canadians are watching their grocery bills go up by thousands of dollars and the Liberals want the bank to stop trying to control inflation. The Prime Minister was asked 11 times yesterday and did not answer, so maybe the new minister will answer. Why is the Liberal government going to abandon the Bank of Canada's 2% inflation target?
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  • Dec/9/21 2:22:53 p.m.
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Mr. Speaker, all parents want to give their children a better future. The dream of owning their first home is out of reach for young people because of this government. The Liberals want the Bank of Canada to stop controlling inflation. Why is this government abandoning future generations?
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  • Dec/9/21 2:23:53 p.m.
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Mr. Speaker, Canadians deserve the truth. Prices are going up but wages are stagnant. Inflation is out of control and the Liberals are doing nothing. Canadian families are watching their grocery bills get higher every week. The necessities, like food, are not affordable. Why are the Liberals doing away with the Bank of Canada's 2% inflation target?
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