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Decentralized Democracy

House Hansard - 234

44th Parl. 1st Sess.
October 18, 2023 02:00PM
Context: House Hansard - 234 - Oct/18/23
Mr. Dan Mazier (Dauphin—Swan River—Neepawa, CPC)
  • Oct/18/23 2:11:04 p.m.
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Mr. Speaker, after eight years, the Prime Minister has added more to Canada's national debt than all other previous prime ministers combined. The Prime Minister told Canadians that his government would take on debt so Canadians would not have to, but now Canadians are paying the price for the Prime Minister's massive deficits and inflationary spending. After half a trillion dollars of inflationary deficits, the Bank of Canada was forced to hike interest rates 10 times in just 19 months, and now monthly mortgage payments have increased by 150% since the Prime Minister took office. To keep up with the Prime Minister's inflationary spending, Canada will spend $240 billion over the next five years to service our debt. The Prime Minister is wrong. It is not the government that is taking on debt; it is Canadians. Canadians will not be fooled. They know that the Prime Minister is not worth the cost.
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Context: House Hansard - 234 - Oct/18/23
Hon. Anita Anand (President of the Treasury Board, Lib.)
  • Oct/18/23 2:47:20 p.m.
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Mr. Speaker, Canada has a AAA credit rating, the lowest debt-to-GDP ratio in the G7 and low unemployment. In addition, we will always be there to support the middle class, whether it is six million seniors with the old age security benefit, 11 million Canadians with the grocery rebate or four million Canadians with business supports. What we do on this side of the House is invest in Canadians to build a stronger economy day after day and year after year, and we will continue on that course.
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Context: House Hansard - 234 - Oct/18/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Oct/18/23 2:58:55 p.m.
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Mr. Speaker, the Business Council of Canada is warning the Liberal-NDP government that it can no longer run large, permanent deficits without fear. After eight long years, the Prime Minister has added more debt than every government between 1867 and 2015 combined, creating 40-year highs in inflation and the fastest interest rate hikes ever. There is a massive fear of a looming mortgage default crisis if the Liberals do not balance the budget now. He is just not worth the cost. Will the Prime Minister stand up today and support our common-sense, fiscally responsible motion to bring in balanced budgets so that Canadians can keep their homes?
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Context: House Hansard - 234 - Oct/18/23
Mrs. Stephanie Kusie (Calgary Midnapore, CPC)
  • Oct/18/23 3:10:16 p.m.
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Mr. Speaker, after eight years of the Liberal government, the deficit continues to rise. In March, the finance minister said that this year the deficit was going to be $40 billion. The Parliamentary Budget Officer just told us that she was off by at least $6 billion. Earlier this month, in a Senate committee, finance officials could not even say what the Liberal-NDP government is spending on debt interest charges. The Prime Minister is simply not worth the cost, so when will the Prime Minister come up with a plan to balance the budget so Canadians can keep their homes?
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Context: House Hansard - 234 - Oct/18/23
Mrs. Dominique Vien (Bellechasse—Les Etchemins—Lévis, CPC)
  • Oct/18/23 3:22:14 p.m.
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Mr. Speaker, eight years of Liberal inflationary policies have driven Quebeckers further into debt. Young people fear they will never be able to buy a house. Some are even experiencing financial anxiety. Despite that, the Liberals and the Bloc Québécois are adding a second carbon tax. We can never say it enough: It is costly to vote for the Bloc Québécois. My question is simple. Will the Prime Minister scrap his inflationary carbon tax?
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