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Decentralized Democracy

House Hansard - 137

44th Parl. 1st Sess.
November 29, 2022 10:00AM
  • Nov/29/22 2:13:15 p.m.
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Mr. Speaker, the Liberal government says that inflation in Canada is not its fault. Blowing up people's mortgage payments is not its fault. High interest rates are not its fault. If one cannot afford gas, groceries or home heating, it is not its fault either. However, now we know the truth. The Governor of the Bank of Canada has confirmed “inflation in Canada increasingly reflects what's happening in Canada.” Former Bank of Canada governor Mark Carney even said, “[Inflation] is quite broad...most of it is now domestically generated inflation.” The truth is that the cost of government is driving up the cost of living. The more the Liberals spend, the more things cost. Just last week, the Governor of the Bank of Canada admitted as much when he confirmed that, if government spending had been just half of what it was during the pandemic, we would be seeing lower inflation today. He said that inflation is costing each Canadian an extra $3,500 per year. The Prime Minister is out of touch and Canadians are out of money. Instead of creating more cash, it is time to create more of what cash buys.
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  • Nov/29/22 2:19:34 p.m.
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Mr. Speaker, Canadians cannot afford their homes. A house is not simply four walls and a roof. A house is the single largest investment most Canadians will ever own. Even more important, a home is a place where people start their families, where they celebrate with family and mark some of the most important events of their lives. The reality is that if people own a variable mortgage or if they have just renewed their mortgage, their interest rate payments have doubled. We must get these inflationary policies under control. I call upon the government to stop deficit spending and to get interest rates and inflation under control. However, the Liberals cannot help themselves. They just want to spend and spend. The only way that Canadians will be able to retain their homes is for the Prime Minister to lose his taxpayer-funded house.
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  • Nov/29/22 2:38:23 p.m.
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Mr. Speaker, the holiday season is fast approaching, but Canadians are not really in the mood for a celebration. Inflation is stretching families thin, food banks are overwhelmed and the profile of those seeking help is changing. Some people used to donate food, but now they are the ones coming to get it. Even people with good jobs are asking for help. Families have a simple wish list for 2023. Can the Liberals guarantee that they will not raise taxes?
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  • Nov/29/22 2:42:14 p.m.
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Mr. Speaker, a study by the AQDR and the Observatoire québécois des inégalités shows that half of seniors do not have the income necessary to live in dignity, and we are not just talking about seniors aged 75 and over. These numbers do not even take into account the record inflation that is currently affecting the cost of groceries and housing. Unlike the government, inflation does not discriminate against seniors based on their age. We have a study here that shows that half of seniors do not have a livable income. What more will it take for this government to increase the old age security pension for all seniors aged 65 and up?
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  • Nov/29/22 7:05:08 p.m.
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Madam Speaker, I agree with my colleague that EI is an important tool and an important safety net. Saying this is something that is set every seven years is an easy cop-out, but the thing is that seven years ago we did not have the pandemic. Seven years ago, we were not facing the highest inflation rates and the cost of living increases in over 40 years, which is the highest it has ever been in the lifetime of half of Canadians, myself included. Instead of his saying that this is something that is really not up to them and that it is done every seven years, I want to ask my hon. colleague to try to live in the now and the reality small businesses and workers are facing today. I will repeat the question: Will the government at least consider delaying the increase to payroll taxes to another time?
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