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House Hansard - 144

44th Parl. 1st Sess.
December 8, 2022 10:00AM
Context: House Hansard - 144 - Dec/8/22
Hon. Andrew Scheer (Regina—Qu'Appelle, CPC)
  • Dec/8/22 3:03:54 p.m.
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Mr. Speaker, the Prime Minister spent so much money that he actually ran out of people to borrow it from, so he had the Bank of Canada create a complex scheme to pour billions of dollars into the accounts of wealthy financial institutions. As the bank raises interest rates to fight the inflation the government caused, the Bank of Canada is actually losing money. For the first time in Canadian history, as the bank loses money, how much taxpayer money will have to go to bail out the Bank of Canada?
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