44th Parl. 1st Sess.
November 20, 2023 11:00AM
Madam Speaker, it is always a pleasure to rise on behalf of the people of Kamloops—Thompson—Cariboo.
I listened to my colleague's speech, and I am absolutely puzzled as to what he said. I am puzzled not only as to what he said but also by the audacity to imply that Canadians have never had it so good, because of the Liberal government. I will remind the member and the Liberal government that he is so loyal to that interest rates have risen 2% as a result of the government's inflationary spending. That means that on a $500,000 mortgage, the average family will be paying $10,000 more per year in interest alone.
How can the member stand there and defend the government's record and put us Conservatives down, when we have been calling for an end to the inflationary spending and when it is that side of the House that is the problem?
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- Nov/20/23 2:13:14 p.m.
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Mr. Speaker, in Cumberland—Colchester, the roster for visits to the local food bank is 1,800 people. Across the country, two million Canadians visit a food bank every month. After eight years, the Prime Minister is not worth the cost.
Under the NDP-Liberal coalition government, Canadians have seen housing costs double and mortgage payments have increased by 150%. The Prime Minister is not worth the cost.
Canadians are reaching out to all our offices in record numbers whether to bemoan the fact that they have been priced out of their lives by the punishing carbon tax or to convey that they are afraid to walk their local streets at night due to violent crime being increased by 39% under the NDP-Liberal government.
The $600 billion in inflationary spending and countless tax hikes by the NDP-Liberals has led to Canadians being unable to feed themselves, house themselves and to keep the heat on.
Therefore, common-sense Conservatives will demand three things in the government's mini budget: cancel the plan to quadruple the carbon tax; bring down inflation and interest rates by balancing the budget; and, finally, build homes not bureaucracy.
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- Nov/20/23 2:23:58 p.m.
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Mr. Speaker, let us be clear and accurate. Much of the spending referred to by the Leader of the Opposition was provincial in nature, not federal. In addition, unlike the Conservatives, we actually have a plan to help Canadians, especially vulnerable Canadians. The Deputy Prime Minister will table additional aspects of that plan tomorrow in the fall economic statement.
Let us be clear. We are here for Canadians every single step of the way, unlike the party opposite that votes against every single time.
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- Nov/20/23 2:28:25 p.m.
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Mr. Speaker, during the COVID-19 pandemic, the Leader of the Opposition opposed spending that was supporting families. Now, during a national housing crisis, he opposes government investments that would actually get more homes built. When we have the opportunity to make generational investments that would gain a toehold in a new industry, he opposes it without vision for what the future economy could be when we create many thousands of jobs.
We are going to continue to invest in the Canadian economy and make sure workers bring home paycheques that would put food on the table for their families.
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- Nov/20/23 2:37:42 p.m.
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Mr. Speaker, after eight years of out-of-control spending by the Liberal government, experts at Scotiabank now say that two percentage points of interest rate increases are due to government spending. An extra 2% on mortgage costs means over $8,000 a year for Canadian borrowers. Canadians are realizing the Prime Minister is not worth the cost. When Scotiabank says, “You're richer than you think”, it did not mean spend like drunken sailors.
On what date will the government balance the budget?
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- Nov/20/23 2:38:59 p.m.
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Mr. Speaker, my message for any provincial premier is the same as the message for the Prime Minister: Take responsibility for government spending because it is driving inflation and making interest rates unaffordable for Canadians.
The Bank of Canada says that all governments need to spend less than 2% growth in order to keep inflation under control. The government's own projections in the budget in the spring says that the government will spend over 3.5% growth next year versus this year.
When are Liberals going to get that they are part of the problem and they have to balance the budget so Canadians can keep their homes?
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- Nov/20/23 2:40:24 p.m.
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Mr. Speaker, all we have been seeing for the past eight years is out-of-control spending by the NDP-Liberal government, with the help of its Bloc Québécois friends. That has created the following problem: Experts at Scotiabank have calculated that the government's excessive spending has added two percentage points to Canada's interest rate. That represents more than $8,400 a year in interest on the average mortgage. The government can help Quebeckers deal with the cost of living by getting its spending under control.
Will the government listen to the experts? Will it stop spending? Will it announce a plan to balance the budget in tomorrow's budget?
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- Nov/20/23 2:41:37 p.m.
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Mr. Speaker, the first thing we are going to cut is wasteful spending, like the $54 million for ArriveCAN, the $200 billion in COVID-19 spending, since the Parliamentary Budget Officer cannot even tell what that money was used for, and the $135 million that Frank Baylis got for nothing.
The government has done a lot of spending over the past eight years. There is a long list of things it has spent money on. If we start by cutting that, we will get back to a balanced budget and Canadians will be much better off.
Does the minister plan to return to a balanced budget in tomorrow's economic update, yes or no?
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- Nov/20/23 2:42:16 p.m.
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Mr. Speaker, our colleague here has just told us that he intends to cut COVID spending. I think it is important to inform him that COVID spending is over.
He also wants to make cuts in other areas because that is the Conservative policy. Where are they going to cut? Day care? Seniors? The fight against climate change?
Some things are clear. They want to set us back on everything: firearms, women's rights, fundamental rights. They want to send us back to the Stone Age.
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- Nov/20/23 2:58:45 p.m.
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Mr. Speaker, I have in my hands a copy of the front page of the Thetford Mines local newspaper.
After eight years of the Liberal government's inflationary policies, here is the sad reality in our regions: a headline that reads “Soaring demand for food assistance in Thetford Mines”. Scotiabank has confirmed that Liberal spending has increased the interest rates that families are paying by two percentage points, forcing more and more of them to turn to food banks to feed themselves.
Will this Prime Minister, who is not worth the cost, stop his gargantuan spending and give us the date when we can finally expect a balanced budget?
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- Nov/20/23 3:00:09 p.m.
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Mr. Speaker, in a post on social media, the leader of the Bloc Québécois said he wants to hold the balance of power, but he has yet to say how he will balance the Liberal budget.
As we know, the Bloc Québécois supports the Liberal government's inflationary spending, and now it wants to keep the Liberals in power for the next two years. The Bloc Québécois is okay with drastically increasing the carbon tax and maintaining inflationary deficits in order to keep the Liberals in power. Voting for the Bloc Québécois is costly.
Will the Prime Minister continue to send more and more Quebeckers to food banks just to ensure he receives support from the Bloc Québécois, which is constantly looking to drastically increase taxes on the backs of Canadians?
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