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Decentralized Democracy

House Hansard - 101

44th Parl. 1st Sess.
September 23, 2022 10:00AM
Context: House Hansard - 101 - Sep/23/22
Mr. Gabriel Ste-Marie (Joliette, BQ)
  • Sep/23/22 1:13:14 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I wish to say hello to the parliamentary secretary and thank her for her speech. Her speech focused on inflation. In fact, Bill C-30 is a response to inflation. How will her government support developing countries that are dealing with serious inflation problems? They are facing a food shortage and an energy crisis. International institutions encouraged these countries to take on massive debt to get through the pandemic. Their loans are for the most part in U.S. dollars, and the dollar's value is soaring at present because it serves as a safe haven. The same goes for imports, including food imports, which are negotiated in U.S. dollars. These countries are facing a real catastrophe, and there could be a cascade of bankruptcies. What does her government plan to do to support them?
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