44th Parl. 1st Sess.
June 8, 2023 10:00AM
- Jun/8/23 2:32:45 p.m.
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Mr. Speaker, in fact, inflation is coming down. It peaked at 8.1%; it is now 4.4%, and that is better than the United States, Europe and the OECD. It is actually projected to continue coming down to below 3% very soon. It is still too high, but that is why we are investing in affordability. We have lifted 2.7 million Canadians out of poverty. We have created more than 900,000 jobs. In fact, through the workers benefit, more than 4.2 million Canadians are taking home bigger paycheques.
All of this is while maintaining the highest economic growth in the G7 and the lowest deficit.
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- Jun/8/23 2:33:19 p.m.
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Mr. Speaker, Conservatives will continue to fight to stop this Liberal-NDP government from putting another $4,200 of debt on the backs of struggling Canadians. Liberals' out-of-control spending gave Canadians the highest inflation seen in 40 years, and that made interest rates go up. The majority of Canadians are only $200 away from insolvency. Any more rate hikes are going to be crippling. This budget would turn Canada into a nation of inflation and higher debt.
Will the Prime Minister end his surf trips, end the phony celebrity tours and rewrite this failed budget, so Canadians can keep their homes this summer?
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- Jun/8/23 2:33:54 p.m.
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Mr. Speaker, when global inflation reared its head, the Conservative leader had a solution; it was to invest in cryptocurrency. If Canadians had followed that advice, and sadly many did, they not only would have been reduced, if they had invested in Terra, Celsius or FTX—
Some hon. members: Oh, oh!
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- Jun/8/23 2:34:11 p.m.
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I am sorry; it started a couple of questions ago, and I think it is more people talking to each other, so I am going to ask them, if they are speaking with each other, to please whisper, and if they are more than one seat away from someone, to maybe just move over and talk to them at a lower pace, not so loudly.
See how I am speaking quietly? I want everybody to talk quietly to each other, if they are not answering or asking questions.
The hon. government House leader has about 25 seconds.
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- Jun/8/23 2:34:40 p.m.
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Mr. Speaker, if that advice was not bad enough, they got something new. It does not matter that Canada is lower than the OECD in terms of its average on inflation, lower than the eurozone, lower than the G7, lower than the United States and lower than the U.K.
It does not matter that we have one of the lowest inflation rates in the world. They want to solve global inflation by slashing supports to Canadians. They think they can fix global inflation by getting rid of dental care, by getting rid of child care and by attacking the most vulnerable. Not only will it not work, it is shameful.
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- Jun/8/23 2:35:14 p.m.
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Mr. Speaker, Canada is supposed to be a place of prosperity, hope and opportunity, yet for far too many Canadians it has become a place where they can no longer afford to work, to live and to thrive. Earlier this year the finance minister admitted that her Liberal deficits were driving inflation. Still, they added $60 billion of inflationary fuel on a cost of living fire.
We know that deficits lead to inflation, inflation leads to interest hikes and interest hikes lead to mortgage default.
How many Canadians will lose their homes before the Prime Minister learns his lesson?
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- Jun/8/23 2:35:52 p.m.
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Mr. Speaker, yesterday the member opposite said that Ireland is the place to be and that it is the greatest country right now. I would say that the facts show that this is the greatest country on earth. This is the place where we are leading growth and change, where we are transforming to the economy of the future, where we are building the jobs of the future and where we are making sure we have a future for our country.
We love this country. While they idolize others, we stand for this country.
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- Jun/8/23 2:36:20 p.m.
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Order. There are no points of order during question period. You will have to wait until it is over.
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- Jun/8/23 2:36:57 p.m.
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Mr. Speaker, I must have misheard because he said he admired Canada. I heard the Prime Minister say he admired the basic dictatorship of China. I would ask that member to come down to the food banks in Cobourg. I think it is about two hours from his riding. He should see the children lining up outside the food bank.
Shame on you. Shame on you. Life has never been better, that is all we hear. That is not the truth. Go to the food banks. See the double and triple use. See Canadians suffering.
We know that deficits lead to inflation which leads to housing default. How much longer until the Prime Minister learns his lesson, stops the inflationary deficit spending and puts an end to—
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- Jun/8/23 2:37:43 p.m.
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Order, order. I just want to remind the hon. members to place their comments or their questions through the Chair, not at the Chair.
The hon. minister for families.
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- Jun/8/23 2:38:08 p.m.
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Mr. Speaker, unfortunately what Canadians know is that the Conservative way of doing things is one of throwing up their hands, sitting down and saying, “Let's do nothing“. Actually, no, “Let's cut”. That is the Conservative way of doing things. Let us cut the Canada child benefit. Let us cut the thousands of dollars that Canadian families are saving when it comes to child care. Let us cut the grocery rebate that we are giving to Canadians. Let us cut the Canada worker benefit.
On this side of the aisle, we actually believe in investing in Canadians. The facts speak for themselves: 2.7 million fewer Canadians living in poverty, including 635,000 children—
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- Jun/8/23 2:38:47 p.m.
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The hon. member for Portneuf—Jacques‑Cartier.
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- Jun/8/23 2:38:52 p.m.
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Mr. Speaker, since January 2022, interest rates have risen nine times. Everything costs more, including groceries and heating. Now we are getting another cold shower: another increase in mortgage payments.
Families have to cut back on groceries in order to survive and continue making the payments on their mortgage. Their house is their main asset. The Liberals told them that when rates are low, it is time to borrow. What great advice.
What does the Prime Minister have to say to these many families who are struggling to make ends meet?
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- Jun/8/23 2:39:26 p.m.
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Mr. Speaker, on this side of the House, when we know that times are tough and the people we represent are struggling, we roll up our sleeves and work harder to provide support to these people, the same people the Conservatives want us to abandon by cutting assistance to families for child care, dental care and the low-income workers benefit.
On this side of the House, we will continue to be there for Canadians while being fiscally responsible.
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- Jun/8/23 2:40:02 p.m.
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Mr. Speaker, we are not the ones who have abandoned Canadians. The Liberals have. They need to wake up.
When a mortgage increases by $2,000 a month, is it realistic for a family to overcome that obstacle? The answer is no. This government has been irresponsible, and now Canadians are paying the price. The Bank of Canada told the Liberals that their policy is causing inflation.
I was sad to read in the paper this morning about a mother in Quebec City who said, “basically, our house is killing us”.
What does the Liberal government have to say to that family?
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- Jun/8/23 2:40:45 p.m.
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Mr. Speaker, the reality is that families in Quebec are going to receive $1,400 with the doubling of the GST tax credit. Unfortunately, with the Conservatives' austerity plan, those families would not get that money.
I would also like to point out that inflation in Canada peaked at 8.1% and has now fallen to 4.4%. Yesterday, the Bank of Canada said that it expected inflation to drop to 3% this summer. Yes, times are tough, but they are going to get better—
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- Jun/8/23 2:41:27 p.m.
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Mr. Speaker, this morning, more than 11,000 Quebeckers were evacuated because of the forest fires. Everyone else also felt the impact of the fires, if only by breathing the ambient air. Climate change is here.
We have a duty to support the victims, but we also have a duty to be consistent. The oil and gas sector is the primary accelerator of climate change. We have to divest from oil and gas. We have no choice.
Since we need to get out of this industry, will the government commit to banning any new oil and gas development and putting an end to searching for deposits?
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- Jun/8/23 2:42:07 p.m.
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Mr. Speaker, I thank my colleague for the question and for her activism on the issue of climate change.
I want to reassure her. Fighting climate change is the reason why we brought in carbon pricing, one of the most ambitious such initiatives in the world.
Fighting climate change is the reason why we are implementing zero emissions legislation to put more electric vehicles and zero emissions vehicles on our roads.
Fighting climate change is the reason why we are making record investments, including investing $30 billion in public transit by 2030.
Fighting climate change is the reason why we are putting a cap on greenhouse gas emissions and bringing in many other measures.
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- Jun/8/23 2:42:49 p.m.
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Mr. Speaker, I understand, but the government keeps repeating that it could accelerate the fight against climate change if it did not have to fight the Conservatives. That is true, but things would also move more quickly if it stopped imitating the Conservatives.
Not only is it refusing to divest from oil, it is also looking for new deposits at the bottom of marine refuges. It has just authorized BP to drill off the coast of Newfoundland. Even worse, according to Radio-Canada, the Minister of Natural Resources said that if BP finds oil, he could help them develop it by redrawing the refuge's boundaries.
Will the Minister of Environment and Climate Change immediately correct his colleague?
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Mr. Speaker, we have already talked about this, and I want to repeat that those are only exploration licences and not production licences. It is very important to know that. A production project has never been proposed in a marine refuge. It is quite possible that such a project would be rejected.
Furthermore, I would like to speak about the work we are currently doing with Bill C-49. It will make it possible for us to develop renewable energy projects, such as wind energy, in the Atlantic provinces.
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