In short, the government's policies are an attack on the most vulnerable. Food banks are finding it difficult to keep up with the level of need they are seeing, and one of the biggest changes over the last year has been the rise in the number of people who are employed full-time having to use food banks because they simply cannot pay their bills.
The Prime Minister says he does not think that much about monetary policy. That is obvious. He handed himself a blank cheque in the spring of 2020, and he has been printing and spending money ever since. The government has handed out exorbitant amounts of money in the name of emergency income, but the books show that the personal disposable income of Canadians has actually increased during the pandemic. Earned income has dropped significantly, but the enormous government handouts have more than covered the loss. As a result, tons of extra money are flooding the economy, but there is the same number of goods, if not less.
The outcome is higher prices, because an endless supply of printed money combined with limited goods actually drives up prices. The sad thing is that it is the wealthy who benefit when those prices rise, because it adds to their profits. Meanwhile, low wage earners must make their dollars stretch further to cover their necessities. All the while, the government is bloating in size not only by spending all this extra money, but by raking it back through taxation.
One dollar used to be worth one dollar. Today, one dollar is only worth 95 cents. If the government were to increase taxes by 5%, there would probably be massive outrage, but that is just it. That is exactly what the government did. It is called inflation tax. It simply comes with this name.
As the member for Carleton has pointed out, “countries that are not printing money to pay their bills have maintained a low cost of living and an affordable life for their citizens.” Meanwhile, “Those countries that are flooding their economies with cheap cash are driving up the cost of living,” and making it less affordable.
There is an inconvenient truth that seems to have been willfully ignored. Reining in fiscal spending would necessitate limited government. This, of course, is a horrible restraint for any political party that only attains or maintains power when people are reliant on the government for its programs and handouts.
The Liberals are actually choosing to be fiscally irresponsible for the sake of political advantage, and it is putting our economic future in great jeopardy. What is the solution? It is simply to stop printing money, rein things in and be fiscally responsible. That is what this country deserves.
“We, the people” is a powerful phrase. Is it not? When the people feel the freedom to live up to their potential all of society benefits, but in order for this to happen the government has to get out of the way.
Serving as a member of Parliament has afforded me the extraordinary opportunity to speak with many Canadians about the type of Canada they desire. I have heard countless stories from visionaries who want to build businesses, invent new technologies, help those who are suffering and improve our society in areas where we have fallen short. All of these conversations and general observations have given me a tremendous amount of hope for this nation's future. Unleashing the potential of the Canadian people is the key to our success.
Members can imagine what it would look like if the bridles of red tape and regulation were thrown off and entrepreneurs were given the freedom to take risks, to make investments, to prosper and to help others prosper. This is the type of Canada that we can create, not through government handouts and increased control, but by creating opportunity for each and every Canadian to invest their gifts, talents and abilities to prosper.
It is Canadians who are the problem solvers, the solution makers and the wealth creators, not the government. No matter the handouts it gives, we will not get ahead. A good leader puts people first. Sadly, that is not what the Prime Minister did in the throne speech. It is not what he has endeavoured to do on behalf of this great country, and for this reason, I cannot support the Speech from the Throne.