Madam Speaker, I, too, want to add my voice to the discussion around Bill C-30.
In my lifetime, I have never experienced such inflationary times as these. We are living in immensely inflationary times, and I think this bill is an attempt to rectify that situation. We have seen a dramatic increase in the cost of living, the cost of food, the cost of fuel and the cost of housing. We have seen the average price of a house in Canada double over the last two years. Since the Prime Minister has become the Prime Minister, we have seen the price of housing double in this country. Over the last two years, we have seen butter, for example, come up 16%. Fuel has basically doubled in the last year. We are seeing how life is getting more and more expensive.
There are two ways to address this issue. First is to make more money in order to pay for the things that we need to pay for. Second is to try to lower the cost of living and the cost of everything that we have to pay for like housing and all of those things. The reality that will come into effect is that both of those things will happen. People will find ways to make more money and hopefully the government will work to reduce the cost of things or at least stem inflation.
We watched Joe Biden celebrate a little while ago. He said that inflation was flat for a particular month. He was wrong when he said that. In fact, inflation did not increase for a particular month. The percentage of inflation is how much one's money is being reduced in value every month. If the inflation rate is running at 5%, then our money is worth 5% less over that particular period of time. If that inflation rate stays at 5% and does not increase to 6%, that is not good news. It is just that, over the next same amount of time, that money will be worth 5% less instead of being worth 6% less. An inflation rate that is close to zero is what the goal of our whole system ought to be.