Mr. Speaker, I thank the hon. member for his question.
I am glad the Conservatives are finally admitting that inflation is really a global phenomenon. Canadians understand that very well. The latest inflation rate reported for Canada was 6.7%. In the United States, it is 8.5%. For the OECD, it is 7.7% and for the eurozone, it is 7.3%.
Putin and COVID-19 caused inflation.