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House Hansard - 100

44th Parl. 1st Sess.
September 22, 2022 10:00AM
Context: House Hansard - 100 - Sep/22/22
Hon. Pierre Poilievre
  • Sep/22/22 11:12:29 a.m.
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  • Re: Bill C-31 
Madam Speaker, the Liberals are like the Bourbon dynasty: They learn nothing and forget nothing. They are right back to the same policies. Pierre Elliott Trudeau ran monstrous money-printing deficits. Of course, that led to 12% inflation, 12% unemployment and then ultimately 19% or 20% interest rates. If we combine unemployment and inflation, we get the misery index. It reached a record-smashing 24% under the first Trudeau, which delivered the highest suicide rates in Canadian history in 1983. My earliest memories are of that time, and my parents suffered because, while they were school teachers and did not lose their jobs, they got hit with those interest rate hikes just like everyone else and lost their rental properties. We ended up having to move to a smaller place because of that. We were among the lucky since we were able to get into a home. We are following the same policies. We have 40-year highs of inflation. Inflation is higher than at any time since the last Trudeau. If we do the same things, we get the same results. The good news is that after Canada was liberated from Pierre Elliot Trudeau, we spent a lot of years doing the exact opposite: shrinking the size of government, reforming our taxes, opening up our economy and standing up for working-class people. That is exactly what we are going to do again, and we are going to get even better results next time.
245 words
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