44th Parl. 1st Sess.
November 25, 2022 10:00AM
- Nov/25/22 11:21:30 a.m.
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Mr. Speaker, Canada's bank governor, Tiff Macklem, confirmed that, if the government reduced its deficit, we would have lower inflation. Inflation now costs every Canadian $3,500 more every year. These are his words, not ours. Now that we know the Prime Minister's continued extravagant spending spree is the cause of it, will they give Canadians a fighting chance and stop the spending so they can pay their bills?
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- Nov/25/22 11:25:00 a.m.
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Mr. Speaker, inflation is devastating Canadian families, and the rising cost of food, an essential good, is brutal.
Just last month, 1.5 million Canadians visited food banks here in Canada. That is the real consequence of inflation. However, it does not seem to have curbed the government's insatiable appetite for taxes. The Liberals want to triple the carbon tax next year.
Is there a government minister who can stand up and say, with a straight face, that raising taxes during a time of inflation is a good thing?
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- Nov/25/22 11:26:20 a.m.
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Mr. Speaker, here are the facts. The Liberal government has been running the country for the past seven years, and it brought in the Liberal carbon tax. Seven years later, here are the facts. Canada ranks 58th out of 63 countries in the fight against climate change. If a carbon tax worked, we would know it by now, but it does not work, as we have seen. Still, the government wants to triple the carbon tax next year.
Once again, can the minister stand up and clearly say, with a straight face, that raising taxes during a period of high inflation is a good idea?
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- Nov/25/22 11:33:23 a.m.
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Mr. Speaker, the Governor of the Bank of Canada confirmed this week what Conservatives have been saying: Inflation is higher because of the Liberals' wasteful spending. He also said that the average Canadian is paying $3,500 more a year because of inflation. That is not per family. That is per person. No wonder people cannot afford to heat their homes.
Will the Liberals stop forcing their failed carbon tax on hard-working Canadians?
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- Nov/25/22 11:59:47 a.m.
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Mr. Speaker, Japan announced it is rescinding any increase to its carbon tax, because it is causing inflation. This leaves Canada as the only G7 country that has not repealed its inflationary carbon tax increases. Every major economy is repealing these taxes, because of the effect they are having on food, fuel, home heating and everything else. Canada is the outlier.
What does this finance minister thinks she knows that the rest of the world is missing?
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- Nov/25/22 12:01:02 p.m.
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Mr. Speaker, carbon taxes are designed to be inflationary. They are meant to add taxes, and to make everything cost more.
Inflation is now at 40-year highs. It is destroying the savings of hard-working Canadians and everything they need to take home. While the government is collecting more tax in this scheme, hard-working Canadians have less in their pockets. It is time the minister took a lesson from all of her peers around the world.
Why is she going to be the last to figure out that she has to repeal this tax?
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