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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
Ms. Lindsay Mathyssen
  • Sep/23/22 10:59:50 a.m.
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  • Re: Bill C-31 
Mr. Speaker, absolutely, and I talked about this in my speech: There are long-term consequences and an impact that this will have on future generations and on our health care system overall. There will be savings for our health care system, so that we can put them into other services that people need. I am grateful that the hon. member has seen the light, because I remember that about a year ago he actually voted against this. I am so grateful that now they agree with New Democrats, who have been talking about this for a long time. They have seen the light, and they will do a lot more that New Democrats are asking for.
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Context: House Hansard - 101 - Sep/23/22
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Sep/23/22 11:52:43 a.m.
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Mr. Speaker, I have outlined a number of measures that our government has taken on to make life more affordable. I think the member knows that inflation is a global phenomenon. While it is 7% in Canada, it is higher, at 8.3%, in America and it is 9.1% in the euro area. One thing we know for certain is that we cannot fight inflation by investing in speculative assets. For any Canadian who took the Leader of the Opposition's advice and lost their life savings, we are very sorry. It is not responsible policy.
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Context: House Hansard - 101 - Sep/23/22
Mr. Dan Albas (Central Okanagan—Similkameen—Nicola, CPC)
  • Sep/23/22 12:55:45 p.m.
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  • Re: Bill C-30 
Mr. Speaker, regarding the inflation we are currently facing and this particular bill, Bill C-30, “We’re not going to deny that there are households seriously in need of help right now in this inflationary environment. But, from a policy perspective, we all know that sending out money as an inflation-support measure is inherently...inflationary.” That is from a senior economist at the Bank of Montreal. In budget 2022, the government identified that it had a policy review of billions of dollars of potential savings it could find and indicated it could pare that back. Would the member say that it would have been far more ideal for the Minister of Finance to have done the hard work over the summer to find savings within the Government of Canada's policy review and then bring this bill forward so that we are not actually increasing inflation? Does he agree with that, yes or no?
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Context: House Hansard - 101 - Sep/23/22
Hon. John McKay
  • Sep/23/22 12:56:46 p.m.
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  • Re: Bill C-30 
Mr. Speaker, as members know, I have been here for a long time, some might say too long, and every government that has ever been here in that time has always said there are savings to be found over here, over there, etc. What the hon. member is describing is very difficult work. It is an ongoing process, and I do anticipate that the Minister of Finance has been doing it. On the first part of his question, I will quote an economist, an Atkinson fellow. I better not pronounce the name or I will mess it up. She wrote, “In truth the measures are so modest, [at] only $3.2 billion”. The impact on the economy is very modest.
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