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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 9:38:54 p.m.
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Madam Chair, the member opposite is seeking to undermine Canadian faith in the bank and in our central institutions. That is irresponsible. It hurts Canada and it hurts Canadians.
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  • May/29/23 9:39:06 p.m.
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Madam Chair, the bank has announced that it expects up to $6 billion in losses over the next few years. Why are taxpayers bailing out the Bank of Canada?
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  • May/29/23 9:39:19 p.m.
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Madam Chair, we learned the lesson that these Conservatives have still not learned, which was that Harper economics failed us in 2008. We were not going to repeat those mistakes—
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  • May/29/23 9:39:28 p.m.
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The hon. member for Charleswood—St. James—Assiniboia—Headingley.
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  • May/29/23 9:39:33 p.m.
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Madam Chair, how much is the bank's policy interest rate?
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  • May/29/23 9:39:37 p.m.
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Madam Chair, what is astonishing to me is that these Conservatives refuse to learn the lesson of previous failures, and they have the gall to try—
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  • May/29/23 9:39:48 p.m.
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The hon. member.
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  • May/29/23 9:39:52 p.m.
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Madam Chair, how much was Canada's inflation rate in April?
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  • May/29/23 9:39:57 p.m.
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Madam Chair, Canada's inflation rate is going down: 8.1% in June—
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  • May/29/23 9:40:01 p.m.
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The hon. member.
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  • May/29/23 9:40:05 p.m.
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Madam Chair, it was 4.4%. How much was it in March?
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  • May/29/23 9:40:10 p.m.
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Madam Chair, as I said, inflation is coming down. It is lower in Canada than in the U.S. and in the U.K., and it is lower than the G7 average and the euro average.
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  • May/29/23 9:40:20 p.m.
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Madam Chair, it was lower. It was 4.3% in March. What is the bank's main job?
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  • May/29/23 9:40:34 p.m.
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Madam Chair, yet again, we are hearing from the Conservatives the old recipes, which hobbled Canada after 2008. We are not going to repeat those mistakes—
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  • May/29/23 9:40:44 p.m.
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The hon. member.
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  • May/29/23 9:40:47 p.m.
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Madam Chair, its main job is to keep inflation at 2%. How much does the minister's budget project inflation will be this year?
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  • May/29/23 9:40:56 p.m.
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Madam Chair, the Bank of Canada officials say inflation is going to go down to 3% this summer. That is good news.
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  • May/29/23 9:41:04 p.m.
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Madam Chair, how much will the government's new spending cost the average household?
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  • May/29/23 9:41:09 p.m.
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Madam Chair, how much did the Harper government's failure to support Canadians after 2008 cost—
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  • May/29/23 9:41:15 p.m.
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The hon. member.
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