Mr. Speaker, we understand quite well that affordability is an important issue for Canadian families. We also understand, as does Stephen Poloz, the former governor of the Bank of Canada appointed by Stephen Harper, that inflation is a global phenomenon. Here are some numbers to back that up: In October, the inflation rate was 4.7% in Canada and 6.2% in the U.S. Germany, in turn, just announced a 6% inflation rate.
In the House of Commons on December 6th, 2021. See this statement in context.