Mr. Speaker, once again, the other side is trying to paint a story of doom and gloom for Canadians, but Canadians know better. Inflation in Canada in November was 4.5%. In the United States, it was 6.2%. It was 6.2% in Mexico. It was 4.9% in New Zealand. The experts agree that this is not a made-in-Canada phenomenon. The former governor of the Bank of Canada, Stephen Poloz, agreed and even the leader of the Conservative Party has agreed that this is a global phenomenon.
In the House of Commons on December 9th, 2021. See this statement in context.