Hon. Leo Housakos: My question is for the government leader. Last week, I asked you a question about “Justinflation.” In your answer, you quoted Scotiabank, which says, according to you, that your government did not create “Justinflation.”

Allow me to quote the report in question, which is by economists Jean-François Perreault and René Lalonde. They state that “. . . it is also abundantly clear that pandemic support measures could have been rolled back more rapidly at the global level.” They go on to say, “. . . the inflation outcome suggests that consolidation should have occurred at a more rapid pace.”

According to these economists, it is clear that the Trudeau government did not end COVID measures quickly enough and that the inflationary spiral we’re in is a direct result of their delayed response.

Senator Gold, when will you finally admit that “Justinflation” was created by the Trudeau government?