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Decentralized Democracy

House Hansard - 208

44th Parl. 1st Sess.
June 7, 2023 02:00PM
Context: House Hansard - 208 - Jun/7/23
Mr. Jagmeet Singh
  • Jun/7/23 2:56:26 p.m.
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Mr. Speaker, today marks the ninth interest rate increase since March 2022. For families on a stretched budget, this means a lot more pain. However, more and more economists are coming to the consensus, something that neither Conservatives nor the Liberals are willing to talk about, that the greed of CEOs exploiting this inflationary crisis to jack up profits is the major cause of inflation. Will the Prime Minister finally take greedflation seriously and stop greedy CEOs from gouging Canadians?
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Context: House Hansard - 208 - Jun/7/23
Mr. Jagmeet Singh (Burnaby South, NDP)
  • Jun/7/23 2:57:44 p.m.
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Mr. Speaker, my question was about greedflation. Again, neither the Liberals nor the Conservatives have the courage to talk about it. In these tough times, economists have warned that interest rate hikes will lead Canada into a recession. With another hike, people are going to find it even harder to make ends meet every month. Meanwhile, multinationals and grocery giants like Metro are making record profits. Will the Prime Minister finally tax the excess profits of his billionaire friends?
79 words
  • Hear!
  • Rabble!
  • star_border