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House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
Context: House Hansard - 83 - Jun/7/22
Mr. Francis Drouin
  • Jun/7/22 4:03:11 p.m.
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Mr. Speaker, just to make sure my colleagues heard me properly, I note that on the day the Conservatives are proposing a motion to fight inflation, with solutions that have no immediate impact on Canadians, two members of Parliament have decided to jump ship to support the member for Carleton, who came up with two policy ideas. Those two grandiose ideas are to fire the Governor of the Bank of Canada and opt out of inflation by investing in cryptocurrency. With respect to cryptocurrency, I am sure the Conservatives have been following the trajectory of Terra Luna. Terra Luna, about a month and a half ago, was worth $135 on the market. Today it is worth barely a penny. It is worth $0.0003. I have not checked out the latest number, but it is not even worth a Canadian penny, and we do not even have pennies. I do not see how this motion would help Canadians fight inflation. We have put some solutions forward. Obviously, the Canada child benefit is helping families. It is geared toward the cost of inflation, so that is a potential solution. I represent a big farming community. We have talked about how we can help farmers lower their costs, and fertilizer is certainly in debate. I do not necessarily support simply giving a direct exemption to companies that have decided to continue to do deals with Russia and Belarus, because other companies have changed their supply chains and have made the decision not to continue doing business with them. If I were advocating for a potential solution, it would be to provide aid to farmers directly, as opposed to giving it to companies that continue to do deals with Russian and Belarusian companies. Many companies signed contracts with farmers last summer, telling them they would pay a certain price. Some of those companies are now telling them that even though they signed a contract, they are going to charge them extra fees. When an individual and a company sign a contract in Canada, they are creating a bond of trust. It is a binding contract. I am fortunate that in my riding this is not happening, but I have heard many, many stories like this in other parts of the country. Companies are not honouring the contracts, and I would hope that they continue honouring them. It is a binding agreement they have signed with farmers and they owe it to our farmers to honour those contracts. I do not support this motion because it does not include any solutions that will help Canadians immediately.
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