Mr. Speaker, congratulations on your election as Deputy Speaker.
I want to thank my colleague for Carleton for drawing the direct correlation between the massive spending and our out-of-control inflation. The government likes to pretend that it is a global issue, but I would point out that we have the second-highest inflation rate in the G7 and we are third highest for food inflation, so I do not think it is just a global issue but a made-in-Canada one.
One of my colleagues from the Liberal Party asked where we would cut. However, in the previous Parliament, we heard that the $80-billion wage subsidy did not go through Treasury Board scrutiny as required under legislation. We saw that money went to wealthy hedge fund managers, Air Canada bonuses and Lululemon, whose market cap at the same time was growing by $9 billion.
I wonder if my colleague for Carleton would like to comment on this wage subsidy going out of control without any oversight from the government.