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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 3:02:20 p.m.
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Mr. Speaker, Canada has the worst household debt in the G7, by far the worst, and that debt risks blowing up when rates rise. One of the ways the Prime Minister has been wasting money is that he gave $210 million to the Asian infrastructure bank, which is controlled by Beijing and designed to build the infrastructure of Beijing's Communist empire throughout Asia. We warned him five years ago and now some of that bank's own executives are speaking out against it. He claims he is stalling his involvement in the bank, but the real question is this: When will we get our $200 million back?
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  • Jun/21/23 3:03:30 p.m.
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Mr. Speaker, he is defending the $200 million he gave to a bank, one of whose executives said, “I didn't find a single, tangible benefit to communicate back home here to Canada of what this bank does that is consistent with our values in a way that would benefit Canadians.” While Canadians are starving and cannot heat their homes, he is forcing them to give $200 million to this bank controlled by Beijing to expand a Communist empire in Asia. When will Canadians get their $200 million back from this Liberal-friendly bank?
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  • Jun/21/23 3:06:54 p.m.
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Mr. Speaker, the Prime Minister just admitted that the Asian infrastructure bank is “controlled by Beijing”. He says he is not going to get our money back. He is just going to review our participation. While Canadians cannot afford to eat, heat or house themselves, he is forcing them to give almost a quarter-billion dollars to this Beijing-backed bank. I am asking the question: Will the Prime Minister take back our $200 million from this bank, which he admits is controlled by Beijing?
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