Mr. Speaker, it is the half trillion dollars of inflationary deficits that have bid up the cost of the goods we buy and the interest we pay. Inflationary taxes are making it worse, including a tripling of the carbon tax, which will raise home heating prices.
Maybe that is why Mark Carney, the future leader of the Liberal Party, is saying, “Really, inflation is principally a domestic story.” He disagrees that it can all be blamed on the rest of the world. Who should the Liberals believe, their current leader or their future one?