44th Parl. 1st Sess.
February 9, 2023 10:00AM
- Feb/9/23 2:33:51 p.m.
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Mr. Speaker, after eight years under this Prime Minister, inflation is out of control. Simply put, everything costs a lot more: groceries, heating, and housing.
The Prime Minister would like us to believe that he has nothing to do with it, but it is precisely his reckless spending that has put us in this situation. Even his former finance minister Bill Morneau said so recently.
Can he face the truth and admit that he is doing immense damage to the Canadian economy?
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- Feb/9/23 2:34:56 p.m.
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Mr. Speaker, who is killing the Canadian economy? It is the Liberals.
According to a recent Léger poll, Quebeckers are feeling extremely stressed about what this year will bring. The number one concern is the impact of rising consumer prices.
What will it take for the Prime Minister to see and hear the same thing that we are seeing and hearing across Canada?
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- Feb/9/23 2:35:27 p.m.
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Mr. Speaker, let us go over the facts.
Our real GDP is 3.5%, the highest since the pandemic. We have one of the lowest inflation rates in Canada, lower than in the United States, Germany, and the United Kingdom.
The IMF projects that our growth will be the highest in the world this year, and next year as well. Some 200 jobs have been created since September, and we are seeing the lowest unemployment numbers since 1966.
Who is leading the economy? We Liberals are.
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- Feb/9/23 2:52:37 p.m.
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Mr. Speaker, after eight years of the Liberal Prime Minister, we have an economy that punishes the middle class and those struggling to stay in it, but Liberal friends are doing great. Thirty-seven corporations took the Liberal wage subsidy and then spent $173 billion on dividends, share buybacks and takeovers. The Liberals are refusing to make them pay back the money, so Canadian workers foot the bill when they can barely afford mortgages, rent and groceries.
When will the Liberals force their corporate friends to pay back that money?
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- Feb/9/23 2:59:09 p.m.
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Mr. Speaker, all of our industrial sectors are worried about American protectionism. Nowadays, if one of our businesses has, say, $50 million to invest in its own growth, it may hesitate to do so. It may wonder if it should pursue growth in Quebec or if it should focus its efforts on the United States for fear of being excluded from American contracts. President Biden's speech gives our businesses an incentive to leave.
When the Prime Minister meets with the president in March, will he stand up for Quebec's economy and remind the Americans they have to meet their obligations?
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- Feb/9/23 2:59:54 p.m.
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Mr. Speaker, I want to reassure my colleague. We have always stood up for Quebec and Canadian industries, and we will continue to do so.
We believe in the importance of softwood lumber, of developing tomorrow’s economy, and of being front-runners in the electrification of transportation through the production of electric batteries.
There are a lot of great things on the horizon for Canada. As for Quebec, we are extremely well positioned. In our dealings with the Americans and the rest of the world, we will continue to defend our businesses and to take our place in tomorrow’s economy.
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