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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 2:37:24 p.m.
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Mr. Speaker, the Prime Minister expects to be judged on his promises rather than his results. The results are these. Eight years ago, housing was affordable, taking a modest 40% of average income to pay mortgages on an average house, which is something that is now up to 60%. The average cost of a house has nearly doubled. The cost of a mortgage payment has doubled. The cost of monthly rent has doubled. It is double trouble after eight years of this Prime Minister. Unfortunately, the Prime Minister wants to keep doing what caused the problem in the first place. Will he instead stop funding gatekeeping that blocks construction and bring down the deficits that are driving up mortgage rates?
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  • Jun/21/23 6:05:55 p.m.
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Madam Speaker, I would like to start by thanking the member for her petition today. It is an issue that I have spent a lot of time on as well. I expect our issues are similar because we are neighbours. I also want to thank her for bringing up investments in housing. I had an opportunity to meet with mayors and councillors from across British Columbia at the UBCM Housing Summit, where we were all working together to find solutions to make rents and housing more affordable. Part of the discussion was about reviewing what the federal government has done. We have to remember that the federal government had been essentially out of housing for almost 30 years. That was until we created the national housing strategy, an investment of over $80 billion going to a number of different things. That particular summit gave me the opportunity to review how that money has been invested. Some 39% of it that has been invested in projects across the country and 61% is still unallocated. The investments in British Columbia on their own in the last six years already amount to more funding than the B.C. government has suggested it will put forward over the next 10 years, and we are continuing to invest on top of that. B.C. is a good partner. B.C. municipalities are a good partner. However, we can only get affordable housing if the federal government, the provincial governments, the municipal governments and indigenous governments all work together, and that is exactly what I propose we all do.
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  • Jun/21/23 7:36:51 p.m.
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Madam Speaker, in 2022, environmental disasters caused by climate change cost $275 billion. The five biggest oil companies made $220 billion in profits in 2022. Oil companies received $20 billion in funding from the government. I rounded these figures. As my colleague claims, we know that the government spends unwisely. Does he believe that the $20 billion the government spent on an industry that made $220 billion in profits that year was a bad investment? He seems to be concerned about climate change and the environment, so does he not think that this money could have been better spent on the energy transition?
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  • Jun/21/23 8:39:35 p.m.
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Madam Speaker, I am going to make a few suggestions to my colleague. When he was finishing his speech, he said that he only had one minute left and that he wanted to speak about revenues. The Conservatives talk about returning to balanced budgets, which is the right thing to do, but I would like to know how they will do that. Their speeches indicate that they want to embrace austerity. I have a few suggestions for my colleague that will not require austerity and will generate a lot of revenue. For example, funding and the extension of Trans Mountain could stop immediately. More than $30 billion has been spent on that project. We could also fight tax havens. To govern is to plan and anticipate. It is right and conscientious to have a plan to return to balanced budgets. However, will that happen? How will we achieve balanced budgets? What does my colleague think of my two suggestions?
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  • Jun/21/23 8:48:25 p.m.
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That extra $20 billion over two years was supposed to be invested in infrastructure. What happened when the plan met reality? They doubled their deficits and managed not to spend a single dollar on infrastructure. The Prime Minister thought he could snap his fingers and force the public service to get shovels in the ground. When that plan failed, he hired his friends at McKinsey to form a special advisory council, which recommended that the Liberals create an infrastructure bank as a way to leverage pension funds into investing in public infrastructure. In 2017, when the budget was supposed to be balanced, the Liberals announced plans for an infrastructure bank and even bigger deficits. Coincidentally, when the Liberals needed someone to run their expensive new bank, they appointed one of the members from the special advisory council, who just happened to be the head of the pension fund. At this point, Canada had taken on twice as much debt as the Liberals had promised; still, not a single new infrastructure project had been built. Coincidentally, when the fake infrastructure bank finally announced the first project it would be funding, it just so happened that the project was the very same one the head of the bank had previously lobbied for. The Liberals were so impressed that they made the head of the infrastructure bank the deputy finance minister. That would be the same deputy who oversaw this terrible budget, which commits massive subsidies to foreign tech companies and provincial electricity utilities. Coincidentally, that deputy finance minister and former infrastructure bank head has now left Ottawa to head up a provincial electricity utility. It is just truly remarkable how many coincidences pile up around Liberals and tax dollars, as when some advertising agencies all started making large donations to Liberals after receiving large contracts from the Liberals, or when the government ignored warnings about Communist interference, while former communist cabinet minister and defrocked ambassador John McCallum was encouraging the Communists to support the Liberal Party and warning them of the threat posed by a Conservative government. It is all just a coincidence. I can see from the angry faces across the aisle just how much they appreciate hearing the hard truth. I expect one will jump up shortly to ask me when I stopped beating my husband and how much I want to cut from child care and dental care. After eight years, they have become tired and predictable. The spending on child care and dental care is a tiny fraction of the government's massive deficits. The real money is spent on giant foreign corporations and provincial electricity utilities. This is all part of their green grift. This is the Telford and Butts game plan. In Ontario, they brought the Green Energy Act into force. It drove up the cost of electricity. It forced thousands of manufacturers to leave the province and destroyed 60,000 net jobs, according to the Auditor General. They used tax dollars to subsidize green energy corporations, which coincidentally were all run by well-connected Liberals. After that disaster, they packed up their taxpayer-funded moving vans and came to Ottawa to repeat the plan all over again. The federal government has been saddled with massive deficits to pay for massive subsidies to well-connected companies. Eventually, these progressive socialists will run out of other people's money, but it will be too late by then. They will have hopped on a private jet to go surfing in Tofino. Just like in 1984, Conservatives will have to come in and clean up the mess. It took 16 years of Chrétien slashing public sector payrolls to get Canada back to balance after 16 years under Pierre Trudeau. The longer it takes to throw out this costly socialist coalition, the longer it will take to clean up this mess. Conservatives have a saying: If it is not broken, do not fix it. In 2015, Canada was not broken, and we had a balanced budget. We had passport services we could rely on. Crime was continuing on a 25-year decline. However, the Prime Minister saw Canada as a racist oppressor state that needed fixing. Now our country is broken. Our social fabric is frayed, and our democracy is under attack. It does not have to be this way. Conservatives are ready to get to work. We will balance the budget, restore order and get Canada working again.
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