Mr. Speaker, I recognize that when you said you were going to cut me off, a number of Conservatives clapped, so I will try to make the four minutes worth their while.
It is unfortunate that, once again, we are in a situation where the government has had to bring in time allocation on very important legislation to serve Canadians and to bring resources to them, in particular those who are in the most need. I will reflect on the fact that 38 members of the Conservative Party have spoken to the bill. Twenty-six Liberal members, six NDP members, 10 Bloc members and one Green member have also spoken to it. The bill, now back to the House at report stage, has had a number of interventions at the various different times. To somehow suggest that democracy is not in full effect as it relates to the bill would be extremely disingenuous.
We all know what happened to the fall economic statement of 2021. When we tried to act in good faith with the Conservatives to continually bring that bill forward so they could have more and more discussion on it, we never ended getting to vote on it until May or June of 2022. It is entirely fair to assume that the same thing would probably happen again this time, and therefore bringing in time allocation was certainly a requirement.
I want to talk specifically about something I am hearing quite a bit in the House, particularly on this legislation. This is the discussion about inflation. There is no doubt that inflation is real, that it is hurting Canadians and that it is difficult. It is creating a lot of uncertainties in the lives of people and in the marketplace. However, the problem is that Conservatives want to talk about inflation as though this is a problem that is isolated only to Canada. The reality of the situation is that inflation is happening globally right now.
We could try to accredit a number of things to it. We could say that it was the various attempts of G7 or OECD countries to support their constituents during the very difficult times of the pandemic. We could say it is about the war in Ukraine. There are a lot of different contributing factors to it.
However, it is happening throughout the world. In fact, in the G7 countries, Canada has the third-lowest inflation rate. The only two countries lower than Canada are Japan and France. Every other country has a higher inflationary rate. Of course that brings little comfort to those who are trying to deal with inflation, but it is important to reflect on the fact that this is a global issue and something that citizens throughout the world are trying to tackle.
This bill is specifically about that. It is about trying to make life more affordable for Canadians, in particular those who are struggling the most. When we think about things like the Canada housing benefit, or the dental benefit that was previously adopted, or the GST credit or some of the various other measures that the government has brought in specifically to help low-income people, we know those measures will have very little impact on inflation. We know they are right measures to take right now to support constituents throughout Canada.
I look forward to continuing afterward question period, and taking some questions at that time as well.