44th Parl. 1st Sess.
November 30, 2023 10:00AM
- Nov/30/23 10:24:19 a.m.
- Watch
Mr. Speaker, the Canadian banking system is sound, stable and free from political interference. It has served Canadians well through the 2008 great recession and during the COVID recession as well. Why do members opposite continue to politicize a pillar of our economy?
43 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:38:19 p.m.
- Watch
Mr. Speaker, on this side of the House, we will always invest in our economy and help vulnerable Canadians at the same time. That is why our Canada child benefit has lifted almost 500,000 children out of poverty. That is why we put in place $10-a-day child care. It is so families can go back to work. That is why we are stabilizing grocery prices with the law we introduced in the House today, and we encourage every member of the House to vote in favour of it.
91 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:40:07 p.m.
- Watch
Mr. Speaker, after eight years, we have entered the next phase of the Prime Minister's economic misery. We have seen “just inflation”, and today we have learned that Canada is in a state of stagflation as our economy has shrunk by 1.1% in the most recent quarter while the American economy boomed at 5%. This is the result of high taxes, big deficits and crippling red tape. At the same time as prices are rising for Canadians, their wages are falling. The economy is now smaller than it was on a per capita basis five years ago.
Why is the American economy roaring while the Prime Minister's economy is snoring?
115 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:41:36 p.m.
- Watch
Mr. Speaker, the economy is smaller today than it was five years ago on a per capita basis, and the IMF projects Canada will have the worst economic growth over the next six years and the next 40 years. This is the result of high tax hypocrisy.
It has come out that the environment minister, after punishing single moms, small business owners and farmers for heating their homes and driving their vehicles, has flown 60,000 kilometres. His climate change chair has flown the equivalent of going around the world four times, and now they are off with 70,000 other people at an air-conditioned dome in the desert in a petrostate. Why will they not park the jet, end the hypocrisy and axe the tax?
127 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:49:09 p.m.
- Watch
Mr. Speaker, on this side of the House, we are here to continue building an economy that works for everyone. That is why we introduced a bill in the House today to build the economy for children, seniors and small businesses and to lower the cost of groceries.
That is our plan. I encourage everyone in the House to vote for our plan.
63 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:51:27 p.m.
- Watch
Mr. Speaker, while the Conservatives continue to talk down the economy, I will ask members to allow me to add in a few more facts.
We have ensured that 1.1 million additional jobs are available to Canadians since the end of the pandemic. That is important because those are well-paying jobs. Wages have actually increased and outpaced inflation in this country. The report that my Conservative colleague cites indicates that there was a significant upwards revision of Canada's growth in the second quarter in this country.
89 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:52:51 p.m.
- Watch
Mr. Speaker, the member gives me the opportunity to talk about an American investment that just happened yesterday. In fact, Dow Chemical made one of the largest investments in 126 years of history. It is going to invest more than $10 billion in Fort Saskatchewan, Alberta for the first net-zero ethylene plant in the world.
We are going to be producing green plastics. We are going to create jobs. We are going to grow the economy. That is a plan for the future, and we are going to put it in place.
93 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 2:54:38 p.m.
- Watch
Mr. Speaker, yesterday, we learned that the American economy grew by 5.2%, while the Canadian economy shrunk by 1.1%. The American economy is booming and the Canadian economy is at a standstill. Americans are getting richer, while Canadians are getting poorer. Nothing has been working in Canada for the past eight years.
Given these numbers, will the government recognize that its economic plan is a failure?
68 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 3:01:09 p.m.
- Watch
Mr. Speaker, I appreciate the question from my Bloc Québécois colleague and friend.
The oil and gas sector is a major contributor to Canada's economy, yet it is also the country's biggest source of greenhouse gas emissions. That is why setting an emissions cap for the oil and gas sector is a key commitment in our emissions reduction plan.
Our government intends to publish a framework on the design of the emissions cap by the end of the year.
85 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 3:18:32 p.m.
- Watch
Mr. Speaker, let us be serious. To offer $9 billion to Boeing without an open competition is to abandon our aerospace industry. The Liberals are abandoning our primary export sector.
It was not enough for them to abandon our major corporations. Last week, there was nothing in the economic statement to help SMEs that are on the verge of bankruptcy if the CEBA repayment is not deferred. They are also abandoning our local businesses. That is the Liberal record over the past two weeks. They are hurting Quebec's businesses, large and small.
How can we not conclude that they are hurting Quebec's economy?
106 words
- Hear!
- Rabble!
- add
- star_border
- share
- Nov/30/23 3:19:10 p.m.
- Watch
Mr. Speaker, benefiting Quebec's economy and the aerospace sector across Canada is precisely one of the objectives of this morning's announcement. That is why we are moving forward over the next few months with the procurement announced today, which will be good for 3,000 jobs, or 3,000 workers, over the coming years.
The spinoffs in Canada, including in Quebec, will be roughly $400 million a year, which will help even more of our workers in the aerospace sector in Quebec and elsewhere in Canada.
89 words
- Hear!
- Rabble!
- add
- star_border
- share
