Mr. Speaker, the Governor of the Bank of Canada says that because deficits spilled over longer than they needed to, inflation went on longer than it needed to as well. As a result, the average cost to a Canadian is $3,500. Now, yesterday, the Parliamentary Budget Officer said that the Liberal government has brought in $50 billion in brand new inflationary spending, contradicting the claim that the Liberals would “keep their powder dry”.
Why are they spending more and making Canadians pay more?