Mr. Speaker, it is an important question. There is no question that what is happening globally is to a degree playing out here in Canada as well. I think everyone can agree with that. However, as the Parliamentary Budget Officer confirmed, the stimulus spending that the government carried out contributed drastically to the inflation we are seeing in Canada, and the greatest rise in inflation that we are seeing is in items that we produce right here in Canada, such as natural gas, beef and pork.
I understand the member is coming from the global perspective, but I do think it is important to note that in a lot of ways the cost of living crisis is very much a homegrown problem.