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Decentralized Democracy

House Hansard - 114

44th Parl. 1st Sess.
October 20, 2022 10:00AM
Context: House Hansard - 114 - Oct/20/22
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/20/22 2:19:38 p.m.
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Mr. Speaker, this Prime Minister added $100 billion to our national debt before COVID‑19 and $500 billion to it before Russia's invasion of Ukraine. He doubled the national debt by adding more debt than all of the other Canadian prime ministers in the history of our country combined. All of that money is driving up the cost of the goods that we buy and the interest that we pay. All of a sudden, today, the Minister of Finance has done a flip-flop by recognizing that these inflationary deficits are increasing the cost of living. How can we trust the people who caused inflation to reverse it?
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Context: House Hansard - 114 - Oct/20/22
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/20/22 2:21:01 p.m.
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Mr. Speaker, what a flip-flop. After adding $100 billion of new debt before the first case of COVID, half-a-trillion dollars of debt before the Russian invasion of Ukraine, doubling the debt, adding more debt than all other prime ministers combined, now the Prime Minister's government is saying that it is going to cut $9 billion and even bring in my “pay-as-you-go” law to find savings for every new dollar of spending. However, it now admits that deficits add fuel to the inflationary fire. Can we really trust the arsonists who lit the fire to put it out?
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Context: House Hansard - 114 - Oct/20/22
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/20/22 2:23:37 p.m.
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Mr. Speaker, it is true that dumb governments that ran massive deficits all around the world and printed money to pay for it all have inflation problems. Countries like Switzerland that have low or no deficits have low or no inflation. This was a choice. The government decided to spend a half-trillion dollars inflating the cost of living. More dollars chasing fewer goods leads always to higher prices. Now we have 40-year highs in inflation. How can we trust the very few people who caused this problem to fix it?
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Context: House Hansard - 114 - Oct/20/22
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/20/22 2:24:55 p.m.
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Mr. Speaker, now the member blames the war in Ukraine for inflation, when less than 0.3% of Canada's trade is with Russia and Ukraine combined. Furthermore, the very things that the Russians and Ukrainians produce, oil and agriculture, are abundant here at home if only the government would get out of the way and let our farmers and energy workers produce them. If we cannot do that we have bigger problems still. It is time for the Liberals to actually take responsibility. A half-trillion dollars of inflationary deficits have made life more expensive and have been bone-crushing for our consumers. When will they reverse these inflationary policies?
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Context: House Hansard - 114 - Oct/20/22
Mr. Luc Berthold (Mégantic—L'Érable, CPC)
  • Oct/20/22 2:37:33 p.m.
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Yes, Mr. Speaker, let us talk about fiscal responsibility. The Prime Minister said in his inaugural speech that interest rates would remain low for decades to come. I remember that the Liberals promised to run small deficits because we had the means and said interest rates were going to remain low and that it was no big deal to continue to rack up debt. The Liberals added $100 billion to the debt even before COVID-19. That is the reality. Today, they are asking Canadians to take them at their word when they say that they are going to manage inflation and lead them out of this crisis. No, Canadians no longer trust them. The Liberals are not capable of managing the crisis. When will you abandon your plan to hurt Canadians by raising taxes yet again?
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