44th Parl. 1st Sess.
October 4, 2022 10:00AM
Mr. Speaker, let us talk about crypto, since we are on the topic.
With regard to the member for Simcoe North, I found it just astounding when, moments ago in the House, the Bloc Québécois member asked him a very good question about his party's position on crypto. I want to thank the member for Simcoe North for doing what I have been asking the Leader of the Opposition to do for a long time, which was to explain the Conservatives' policy on cryptocurrency.
Instead of completely avoiding the question from the member from the Bloc, the member for Simcoe North tried to address it, which I think was very admirable of him.
What did he say? He basically said this: First of all, he compared Canada to Venezuela, saying that, well, if we look at countries like Venezuela, people have decided to hedge their bets against their currency by investing in cryptocurrency.
Can we extrapolate, then, the objective of the Leader of the Opposition? When he made those comments months ago about cryptocurrency, he was basically telling the Canadian people to not trust the Canadian dollar and to put their money into cryptocurrency and bet against the Canadian dollar. That is exactly what the Leader of the Opposition was doing.
I hand it to the member for Simcoe North for actually standing up and saying what he thinks, because the rest of them would not do it.
This is what we are seeing, so now we get to start to understand a bit of the picture of what is going on. We have the leader of the Conservative Party of Canada, the leader of the official opposition, the individual whom I crown as the king of cryptocurrency, in the House, in public, telling Canadians—
Some hon. members: Oh, oh!
306 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/4/22 1:40:52 p.m.
- Watch
Order.
Let us just refer to the member for Carleton or to the member for Kingston and the Islands or just His Majesty's official opposition, or something like that.
I am getting a lot of noise. I want to keep the noise in the House down to a minimum, because we are coming up to question period. I just want to make sure we all take our seats at a reasonable time and keep it down a little.
The hon. member for Kingston and the Islands.
87 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, you are always going to get a lot of noise from that side when I am speaking, regardless of what I say. I will leave it to you and to chair occupants to rule, because you do a very good job of that. I have a lot of respect for you, but I do not think it is unprecedented that we describe the actions of people in this room based on terms like that. As a matter of fact, probably the one who is the most egregious—
90 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/4/22 1:41:45 p.m.
- Watch
The member for Kamloops—Thompson—Cariboo is rising on a point of order.
15 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, now the member for Kingston and the Islands is justifying what he is doing. That is not relevant to the bill at hand. He should be sticking to what is relevant.
33 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/4/22 1:41:57 p.m.
- Watch
We have relevancy called. We are running out of time. We want to get at least one more person in here.
The hon. parliamentary secretary.
25 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, as I was saying, nobody is more egregious with regard to calling people names based on actions that they do than the leader of the official opposition during his 22 years or however long he has been in the House.
Nonetheless, the reality is that what we discovered in the House today, thanks to the member for Simcoe North, is that the Conservatives are actively encouraging Canadians to hedge against the Canadian dollar by investing in cryptocurrency.
I do not think this is responsible for any member of Parliament to do, let alone the leader of the official opposition in the House.
104 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, I want to thank the member for Kingston and the Islands for his timely comments about the need for this legislation and how it is going to help hard-working Canadians who are suffering as a result of inflation.
I have also heard from a lot of people who took the advice of the Leader of the Opposition on cryptocurrency because somehow they thought it was a legitimate way of investing their money. They have, unfortunately, lost a lot of money.
Can the member for Kingston and the Islands tell us why that advice was so dangerous and how it has impacted the lives of so many Canadians?
110 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, I would note, for starters, that this is the second time in a row that I have given a speech and both this time and the last time I spoke, no Conservative got up to ask me a question. As we know, the first opportunity to ask a question goes to the Conservatives. I just want them to know that I certainly take that as a compliment.
To the question that the member asked me about those who may have taken the advice, the Leader of the Opposition is seemingly unaware of the fact that his words have consequences. When he says something in the position that he is in or in the position that he was seeking to be in at the time, people will listen.
Those who did listen to him and chose to invest in cryptocurrency at the time will have seen their life savings absolutely diminish, and he does not recognize that his words can transpire into those actual actions, but it does happen.
For those who did take his advice and invest, I feel sorry that they were put in that position, and I deeply regret that the Leader of the Opposition, who was at the time the candidate seeking to be the leader, made those comments.
214 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, it is always a pleasure to rise on behalf of the people of Kamloops—Thompson—Cariboo.
My colleague made a point about leadership and people listening to leaders. A motion was put forward in this very House yesterday, on which we should all have shown leadership, with respect to declaring an organization as a criminal or terrorist organization. That was shot down and given a nay by the Liberals, so it is a bit rich for them to talk about leading by example when that just happened yesterday.
92 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, I am so glad the member asked me that question because it gives me an opportunity to once again talk about the games the members on that side of the House play. They brought forward a motion with three parts to it. This is what the Conservatives do. They insert a poison pill into it, knowing that we cannot vote in favour of it. In this case, the second clause was to chastise the government over an issue. They did this just so this member could get up later on and ask the exact question he did.
The Conservatives know exactly what they are up to. They know the games they play in this House. If the member actually cared, like he says he does, the Conservatives would have brought forward a straightforward motion that did not include a poison pill, and he probably would have seen a lot—
152 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/4/22 1:46:15 p.m.
- Watch
I believe we have a point of order from the hon. member for Kamloops—Thompson—Cariboo.
18 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, if we are going to be in this place, we must use parliamentary language. Imputing thoughts of not caring on another member is completely unparliamentary.
27 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, the truth certainly hurts. We can see the number of times the Conservatives get up to try to interrupt me when I am speaking. What they do not understand, and it has been going on for three years now, is the more they do it, the more it encourages me, so they really have to reassess their position on this.
With respect to the member's point, had the Conservatives brought forward a simple motion that addressed exactly what he just said, I am sure it would have gone over much better on this side of the House than the way they introduced it, and he knows that.
110 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, hopefully we can bring the debate back to Bill C-30 and the income support gaps that are hurting people right now in Canada.
These are short-term emergency income support gap measures that the New Democrats support. We know people need help with rent and food. I want to ask the member specifically about the long-term measures that need to be taken, because more Canadians are falling into poverty and homelessness. I speak specifically about persons with disabilities right now. Is this House going to see Bill C-22 come back this week?
97 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, over the last few decades the disparity between the haves and the have-nots has certainly been growing, and it is incumbent upon us to find ways to try to reduce that. That is why we increased taxes on the richest 1% when we were first elected and reduced taxes for the middle class. That is why we brought in $10-a-day child care. That is why we continue to strengthen the various social programs we have.
With respect to the member's question, I would like nothing more than to see that bill, which is intended for the disabled communities in Canada, move expeditiously through this House, go to committee and come back here so that we can implement it and bring it into law. I hope and have faith that all members in this House can put partisanship aside for one issue like this.
Some hon. members: Oh, oh!
154 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, the Conservatives are laughing right now. This is about helping some of the most vulnerable people in our country and they are laughing, so I guess the partisanship will not be put aside.
35 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, I will be splitting my time with the member for Banff—Airdrie.
It is really hard to talk to people in my community right now because they are really struggling. They are struggling so hard to make ends meet. I was at the grocery store a couple of weeks ago, and I watched a woman from my community in the bakery aisle take a loaf of bread, look at it, put it back on the shelf, take it again, look at it and put it back on the shelf again. I knew what she was doing. She was asking herself if she could afford it.
That is the crisis our country is facing right now, and that is the level of gravity each of us should be treating the country's finances and our economic policy with right now. People in our country are asking themselves if they can afford to put another loaf of bread in their cart. I have to ask myself why, and I really want to direct this to the Liberal backbench. Why are the liberals raising taxes right now? Why would they do this? Why would they do this to that woman who is trying to figure out if she can afford an extra loaf of bread this week?
There is no reason for the government to raise taxes, yet yesterday that is what the government, the Liberals, voted to do. They voted to raise taxes. Every single member of the Liberal backbench has the ability in their caucus meetings or on their own social media platforms to push back and hold the government to account just as much as I do. We all have that right.
In January, small business owners and employers should not need to be worried about their payroll taxes increasing. Canadians, including that woman who is thinking about whether she can afford that extra loaf of bread, should not be thinking about whether their take-home pay is going to go down because the government is taking more money off paycheques. It is ludicrous. We are in a generational inflation crisis.
This is something many Canadians have never had to deal with. Before this crisis even started, the Canadian economy was on the brink. We are seeing a mental health crisis and a housing crisis, and what are the Liberals doing? They want to raise taxes. It is not just the payroll tax the Liberals voted to raise. It is also voting to raise taxes on something that will increase the cost of everything.
Let us talk about a loaf of bread. The way the Liberals and the Prime Minister have approached dealing with inflation is by saying, “Okay, Canadians, you have a loaf of bread. We are going to take it from you and give you back the crumbs.” This is what we are debating here today, and that is not right, but let us talk about that loaf of bread.
For a Canadian farmer who is growing the wheat for that bread, the Liberals want to raise taxes on the power that goes into drying that grain. What does that do to the cost of a loaf of bread? It increases it at a time when we cannot afford it and when people are asking if they can put another loaf of bread in their cart.
What about when that grain is dry? How does that grain magically get to a processing plant? It is transported. If it is transported in a truck, the fuel that goes to getting that grain to a processing plant is going to increase with this tax increase. Who pays for that? It is the person who is eventually going to buy that loaf of bread.
Once the manufacturing plant that mills the flour, which might be looking to relocate because of payroll taxes and tax increases on their input costs, such as electricity, has somehow managed to mill that flour, then the flour needs to be transported somewhere else. What is going to happen? The tax on that gas will be increased too next year, in the middle of an inflationary crisis, when people are struggling to choose whether to put another loaf of bread in their cart.
Then how is that loaf of bread going to get to the grocery store? How does that happen? It does not magically happen. It needs to be transported, again using something the Liberals are increasing the cost of. They are again raising taxes on this. Of course that increase in taxes goes through the entire system. It raises the cost of everything.
The other thing is that the Liberals try to tell people that somehow that bit of grain, that loaf of bread, can magically get from one place to another because they failed to put any sort of substitute good for carbon on the market, in spite of raising these taxes.
What have they done instead? They have raised the costs of these goods. They have made it harder for that woman to choose whether or not she is going to put that loaf of bread in her cart. They have done this while making us more dependent on countries such as Iran and Russia for their oil. Greenhouse gas emissions have risen under the government. It has to stop.
The Liberal backbench members should hold their leader to account. One of them actually said something that made sense. They were quoted in a news article after their caucus meeting, and they said something to the effect that they wished the leadership of their party would stop being so woke and focus on inflation. Now is the time.
Every single one of their community members is struggling with that question of whether or not to put another loaf of bread in their cart, and they do not want silence. Courage is lacking in that backbench right now. We should not be raising taxes. The Liberals had an opportunity yesterday to prevent the raising of taxes, yet what did they do? They voted to raise taxes. It has to stop. This is not the time to do that.
Some will say that they are spending money on x, y, and z. Let us talk about what the Liberals have been spending money on. There was a federal election in 2021 that got us a polarized electorate. It did not do anything else for the Liberals. We just found out that the Liberals spent a half a billion dollars making it easier for people in upstate New York to jump the immigration queue in Canada. The other thing the Liberals have done is spend how much money, and on what? It takes two, three, four, five, six months to get a passport, so we are seeing not only the government raise taxes in the middle of an inflationary crisis, but also service delivery being worse. This is it, and that is not good government.
What we have here is a scandal-plagued government that does not give a rip about the price of bread. The government members do not give a rip. They do not understand what people in my community or any of their communities are going through to try to make ends meet after filling up their tank of gas.
It is beyond me that the Liberals would raise taxes right now, and we will fight back. This is crazy. They should not be raising taxes in the middle of an inflationary crisis. I would ask them to give their heads a shake. This is not a game. That is what each of the members of the Liberal backbench should be saying. The Liberals have to do something to actually address the inflationary crisis, and taking Canadians' loaves of bread, trying to give them a few crumbs back and saying it is good enough is not good enough. It has to stop.
Canadians are sharing this message. Even people who voted for the Liberals in the past have said they have had enough, as one of their backbench said, of this woke stuff. They want solutions. They want a solution to the problem.
We should have energy sovereignty. We should not be waiting for OPEC+ to raise or lower production and raise the cost of energy on us because we do not have energy sovereignty here. The Liberals should be addressing the labour shortage instead of making it easier for people in upstate New York to skip the line into this country. They should be addressing that we have the poorest levels of service in government programs in generations, all while it is impossible for people to make ends meet.
We should all have had enough with the cabinet and the government's failed approach to economic growth while our country stares down the barrel of a looming recession, and it is the government's problem. It has failed to repatriate manufacturing. It has failed to inspire investment in our country. It is making it harder for women in my community to put loaves of bread in their cart.
I have had enough. People in this place have had enough, and people across the country have had enough. Tomorrow morning is their caucus meeting, so I challenge every Liberal backbencher here today to stand up and say what that one person said off the record to a reporter: Enough with the woke shit.
Mr. Speaker, I take that back. I apologize immediately for my unparliamentary language. I am very sorry.
Enough with the woke stuff and let us get on with the plan. It is right to be passionate with this. We have to do better things to protect Canadians from inflation.
1624 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/4/22 1:58:37 p.m.
- Watch
I appreciate the retraction.
We will move on to questions and comments with the hon. member for Kingston and the Islands.
21 words
- Hear!
- Rabble!
- add
- star_border
- share
Mr. Speaker, I appreciate the member's candour. She certainly speaks with passion, and sometimes I wish I could use language like that in here too, even if just accidentally.
My question is in relation to the member's private member's bill. This member has a private member's bill on cryptocurrency. We were actually supposed to debate it the first day that the House resumed, and for some reason we did not. It got bumped.
I understand that the member's private member's bill on cryptocurrency is coming up in the next couple of days. I wonder if she could provide some insight into what her bill is about, to inform the House.
116 words
- Hear!
- Rabble!
- add
- star_border
- share
- menumenu
- notificationsnotifications
- home
- mailmail
- searchsearch
