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House Hansard - 144

44th Parl. 1st Sess.
December 8, 2022 10:00AM
Context: House Hansard - 144 - Dec/8/22
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Dec/8/22 2:19:04 p.m.
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Mr. Speaker, enormous deficit spending by the Prime Minister caused the Bank of Canada to hike interest rates for the seventh consecutive time this year. An average mortgage will cost Canadians an extra $7,000 in interest payments alone. The Prime Minister's reckless spending has already driven up the cost on gas and groceries, and his failed energy policies will make home heating costs double. He will further pile-drive Canadians financially when his failed carbon tax increases this year. Why will the Prime Minister not stop his wasteful inflationary spending and axe the failed carbon tax so Canadians can keep the heat on this winter and food on the table?
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Context: House Hansard - 144 - Dec/8/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Dec/8/22 3:05:19 p.m.
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Mr. Speaker, if the Conservatives bothered to look at the facts, they would see that we have the lowest deficit and the lowest debt among G7 countries. They would also see that the international community and investors have extraordinary confidence in the Canadian economy. Thanks to the decisions that our government has made, we still have a AAA credit rating. I would also note that were it not for the important supports we put in place during the pandemic, our economy would not have rebounded as quickly and as strongly as it did. It is among the strongest in the world.
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