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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 8:31:42 p.m.
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Mr. Chair, I would normally be surprised to hear the Governor of the Bank of Canada, Tiff Macklem, described as partisan, but given that the member's party has done the astonishing thing of undermining the credibility of the Bank of Canada, I am beyond being surprised by it.
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  • May/29/23 8:41:47 p.m.
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Mr. Chair, David Dodge, a former governor of the Bank of Canada, proposed an important way to think about the debt—
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  • May/29/23 9:31:17 p.m.
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Madam Chair, the Canada Infrastructure Bank was set up when I was trade minister and foreign minister, so I was not directly involved in its creation.
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  • May/29/23 9:31:48 p.m.
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Madam Chair, I have certainly discussed the Canada Infrastructure Bank with our deputy minister of finance, and in fact the Canada Infrastructure Bank is referred to in all the—
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  • May/29/23 9:36:54 p.m.
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Madam Chair, I am glad to hear the Bank of Canada mentioned, because it gives me a chance to quote David Dodge, who made a very important point about the misguided Conservative policies in responding to—
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  • May/29/23 9:38:32 p.m.
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Madam Chair, the Bank of Canada, together with the government, supported Canadians during COVID. We did what we had to do, and it worked.
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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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