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House Hansard - 31

44th Parl. 1st Sess.
February 15, 2022 10:00AM
Context: House Hansard - 31 - Feb/15/22
Mr. Peter Fragiskatos (Parliamentary Secretary to the Minister of National Revenue, Lib.)
  • Feb/15/22 7:26:48 p.m.
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  • Re: Bill C-12 
Mr. Speaker, the member spoke well, as he always does. He is one of the youngest members in this House, if I am not mistaken, but he is also one of the most thoughtful I have had the chance to work with. That is why I was surprised, when he spoke about inflation, that there was no reference made to the global situation and putting inflation in a global context, the way the pandemic, for example, has impacted supply chains around the world and the effect that has had for countries like Canada, in terms of inflation. I know the member will make reference to quantitative easing and the impact that has had, but at best, according to most economists, that impact has been minimal, in terms of inflation in Canada. Why not focus on the global reality, in terms of its impact on inflation?
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