44th Parl. 1st Sess.
June 12, 2023 11:00AM
- Jun/12/23 2:17:18 p.m.
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Mr. Speaker, one week ago today, the Leader of the Opposition vowed to use all procedural tools to block the budget from passing, including 900 amendments and lengthy speeches.
Despite his nearly four-hour-long speech last Wednesday evening, during which he talked about Winston Churchill, Henry VIII, favourite podcaster Jordan Peterson, the stonework in Parliament and why the floors here are green, never once did he mention how the budget will support Canadians through expanding dental care, creating the new first home savings account and investing in the clean economy, which will create thousands of jobs for Canadians.
Nonetheless, the very next day, the House passed the budget 2023 BIA, which will provide much needed supports for Canadians right across the country. While the Conservative Party continues to play procedural games, the government will continue to do the hard work to deliver results for Canadians.
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- Jun/12/23 2:21:10 p.m.
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Mr. Speaker, doubling housing costs is not going to stop forest fires.
The Prime Minister has doubled housing costs with half a trillion dollars of inflationary deficits and by giving billions of dollars to local gatekeepers who block housing construction with the second-slowest housing permits of any country in the entire OECD. Now the deficits the Prime Minister is running risk increasing interest rates further and causing people to lose their homes to higher mortgage prices.
Will the government introduce a balanced budget to bring down inflation and interest rates so Canadians do not lose their homes?
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- Jun/12/23 2:44:02 p.m.
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Mr. Speaker, despite the childish, immature and irresponsible games of the Conservatives, the House actually passed the budget last week. It is a good thing we did that, because there is real help for Canadians in the budget.
Let us talk about the grocery rebate that is going to reach 11 million Canadians as of July 5. The first home savings account is also part of the budget and the investments in clean technology, which are going to help us not only fight climate change but also build the economy of the 21st century. This side of the House passed that—
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- Jun/12/23 2:44:47 p.m.
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Mr. Speaker, as everyone knows, the government's reckless spending is causing serious problems across the country.
A few days ago, the Bank of Canada had to react to this Prime Minister's inflationary spending by raising interest rates for the ninth time. Canadians are struggling to stay warm, to buy food and to pay their mortgages, which, I would remind members, have doubled. Some Canadians are even in default.
Will the Prime Minister immediately put a stop to his inflation-causing deficit spending and table a plan to balance the budget as soon as possible?
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- Jun/12/23 2:49:59 p.m.
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Mr. Speaker, the finance minister said that she would end her inflationary deficits and balance the budget by 2027. Just months after that, she admitted that she will run deficits forever and balance the budget in the year never.
Eight years of massive Liberal deficits have given Canadians the highest bank interest rate hikes seen in the last 20 years. Now, the International Monetary Fund is reporting that Canada is at the highest risk of a mortgage default crisis.
When will the finance minister end her inflationary spending and give us a date for when she will balance the budget so that Canadians will not lose their homes?
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- Jun/13/23 12:09:25 a.m.
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Madam Speaker, with respect to the member's initial comments, he should read the speech that he gave in his four minutes. He will find that I addressed it directly, with one exception and that was when I talked about Conservative ideas related to dealing with the issue of inflation. All I was doing was regurgitating ideas that were generated from the leader of the Conservative Party. I suspect that likely makes him a little bit nervous, as I am sure it makes a lot of Canadians nervous.
The bottom line is, and I have said this consistently, this government is very much aware of the issue of inflation. We have a budget that is reflective of what Canadians have been telling us. It is a budget that deals with the issue of inflation in a very tangible way.
We will continue to work with stakeholders, to minimize the negative impact of inflation on Canadians while, at the same time, building a country and an economy that is there for all Canadians.
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