Mr. Speaker, all the other so-called experts have given up on the term “transitory inflation”, yet the Associate Minister of Finance is trying to resurrect it on the same day we get a report saying that the average family will have to spend another $1,000 just to put nutrients on their kids' tables. We already have the second-worst housing bubble on earth and it is $1.50 a litre for gas. The average family cannot keep up with the cost of living and the minister says it is transitory.
If so, how long until all of this price inflation reverses itself and the prices come back down?