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Decentralized Democracy

House Hansard - 143

44th Parl. 1st Sess.
December 7, 2022 02:00PM
Context: House Hansard - 143 - Dec/7/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Dec/7/22 2:23:13 p.m.
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Mr. Speaker, the member opposite knows very well that the Bank of Canada is an independent institution. It is true that this is a difficult time for Canadians. It is not true that the investments that we made in Canadians have caused inflation. One need only look at the report of the former governor of the Bank of Canada, Stephen Poloz, which indicates that our investments prevented a period of deflation. Within the hour, the Leader of the Opposition will have the opportunity to help Canadians by supporting Bill C-32 to implement the support measures set out in the the fall economic statement.
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Context: House Hansard - 143 - Dec/7/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Dec/7/22 2:32:40 p.m.
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Mr. Speaker, as the hon. leader of the New Democratic Party knows, the Bank of Canada is an independent institution that has been tasked, since December of last year, to get inflation back down to 2%. The bank is doing its job. We are doing our job, which is making sure that we have the fiscal firepower to face what is to come, investing in Canadians and supporting the Canadians who need it the most. That is why we are helping Canadians to buy a new home, advancing the payments for workers' benefits and making sure that student loan interest gets removed forever. This is the right thing to do. It is the responsible thing to do. It is why we hope that all parties vote with us on Bill C-32 today.
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Context: House Hansard - 143 - Dec/7/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Dec/7/22 2:34:03 p.m.
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Mr. Speaker, we greatly respect the efforts that working men and women are making to build a prosperous Canada. We know that Canadians are going through a difficult time during this global inflationary cycle. That is why, here in Canada, the Bank of Canada is independent. Its role is to reduce inflation to a 2% target rate. As the government, we take action to put money in the pockets of Canadians who need it, when they need it. That is why it is essential that every member of the House vote in favour of supports for Canadians and help us by voting for Bill C‑32.
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