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House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
Context: House Hansard - 107 - Oct/4/22
Mr. Lloyd Longfield (Guelph, Lib.)
  • Oct/4/22 1:00:19 p.m.
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  • Re: Bill C-30 
Mr. Speaker, the hon. member across the way for Simcoe North mentioned one half of an equation, which is that Canada's debt level has increased over the last few years, particularly as we were dealing with COVID. In order to keep Canadians alive and well through those difficult times, the government had many programs in place to help. The other side of the equation is GDP growth, which I did not hear the member mention. We are second in the G7 with respect to GDP growth. We are leading some of the countries he mentioned with two times the GDP growth. Our fiscal anchor is the debt-to-GDP ratio. Could the member comment on how our strong GDP growth is helping us get through what we are going through right now?
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Context: House Hansard - 107 - Oct/4/22
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/4/22 2:23:35 p.m.
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Mr. Speaker, the accounting firm MNP reported this week that almost half of Canadians are $200 from insolvency. That means that they are about to default on a debt or other legal payment. They cannot afford groceries. Four in five families have had to cut their diets to pay their bills. Nine in 10 young people without a home say they will never afford one. The Liberal solution to all of this is to raise taxes on paycheques and on energy, including by tripling the carbon tax on gas, heat and groceries. Will they cancel their plan to triple the tax?
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