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Decentralized Democracy

House Hansard - 118

44th Parl. 1st Sess.
October 26, 2022 02:00PM
  • Oct/26/22 2:47:56 p.m.
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Mr. Speaker, Canadians are now getting the bill for the Prime Minister's $500-billion inflationary deficit. Today, interest rates are being raised again. A family that bought a typical home five years ago with a typical mortgage that is now up for renewal will pay $7,000 more a year. The Prime Minister said that the government was taking on debt so that Canadians would not have to. Who is going to make the extra mortgage payments?
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  • Oct/26/22 3:00:19 p.m.
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Mr. Speaker, record inflation is a choice for the Liberals, after causing it with the $500 billion of inflationary deficit, much of which has nothing to do with COVID. They blame everything and everyone else. The Bank of Canada governor says that inflation is homegrown. Another past governor says it is domestic too. Now struggling Canadians are facing yet another rate hike that makes a bad situation worse. The Prime Minister is not letting up. He is raising taxes and, worse, he is still spending. Canadians know how we got here. They just want to know how he could be so irresponsible.
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