House of Commons Hansard #160 of the 44th Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was inflation.

Topics

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

11:55 a.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

Madam Speaker, I rise today to discuss the Conservative Party's opposition day motion, a deeply unserious solution to a deeply serious problem.

Life in our country is becoming increasingly unaffordable for many, for working people, for people on fixed incomes, for people who live here in northern Manitoba and in so many parts of our country. It is clear from the speeches we have heard so far in the House that both the Conservatives and the Liberals are more concerned with the theatrics of being seen to take the issue of the cost of living crisis seriously, but are not prepared to do what it takes and what is necessary to build an economy that works for everyone.

We are all familiar with the statistics. More than half of Canadians are $200 away from insolvency. One and a half million Canadians are relying on food banks. One out of every four kids is living in poverty. One third of Canadians live in inadequate, unaffordable and unsuitable homes.

First nations children living on reserve are over four times more likely to live in poverty than non-indigenous children. Almost half of all first nations children live in poverty, a number that is in contrast to 12% of non-indigenous, non-racialized, non-newcomer children who live in poverty.

In a lot of ways this reality is becoming worse. The median hourly wage for Canadian employees was $26 in 2021, down from $26.36 in 2020. This is a reality fuelled by corporate greed, where prices have increased and Canadians are falling further and further behind, unable to afford groceries, rent and the basic necessities. Nineteen per cent of low-income Canadians in 2022 were forced to borrow from friends or relatives or to take on more debt to survive.

The greedflation crisis is increasing the divisions in our country, and those at the bottom are being asked to take on more while the richest in our country thrive. We still live in a country where the six biggest banks can pay out more than $19 billion in bonuses. The median CEO bonus came in at $1.95 million, up nearly 38% from 2020. The typical CEO gets a bonus equal to 170% of their salary, but this is the way our system was designed.

A couple of years ago, the NDP looked into the 100 richest Canadians, all billionaires, and to whom they donated. Fifty-six of them donated to the Liberals and 61 to the Conservatives, and are they getting their money's worth. Both the Liberals and Conservatives refused to close down tax havens on which these billionaires rely. They both refuse to bring in a wealth tax. When corporate Canada got out of paying $30 billion using tax avoidance schemes in one year, we in the NDP immediately proposed solutions to end these tax scams, but the Liberals and Conservatives shut that proposal down, as is tradition.

This is the Canada where successive Liberal and Conservative governments helped build the system, but we know that it should not have to be this way. Both the Prime Minister and the Leader of the Conservative Party have a long record of coddling the ultra-wealthy. Neither the Prime Minister nor the Leader of the Conservative Party are willing to admit it, but I will let Canadians in on an open secret. Both the Liberals and Conservatives largely agree on the majority of issues that affect Canadians day-to-day lives. There may be some degrees of difference.

When the Leader of the Opposition was in government, our corporate tax rate was 15%. The current rate, under a Liberal government, is also 15%. When the Conservatives were in power, they gave billions of dollars to big oil. The Liberal government is doing the same. They both have blocked every effort we have made to have a same tax policy, a fair tax policy that ensures the rich pay its fair share.

This what they have built, a system that allowed 123 corporations to deprive the Canadian people of $30 billion in taxes in 2021 alone. We are seeing increased corporate consolidation. Shaw and Rogers are about to merge, which would only make things more expensive for Canadians. I say this coming from a province where Bell bought out MTS, and we were promised more competitive cellphone and Internet prices. All we have seen is prices go up.

We know that the Minister of Innovation, Science and Industry is going to sit idly by while life gets more unaffordable. This is a type of, dare I call it, “champagne socialism” where risk and loss are the responsibility of the taxpayer but profits and price gouging are just business as usual. That is their record.

When we in the NDP saw the corporate greedflation driving food costs, we took action. The cost of food recently hit a 41-year high. People in my generation have never seen inflation this high. We knew action was needed, and we called on the Competition Bureau to investigate grocery chain profits. It may not surprise Canadians that grocery stores that had been caught fixing the price of bread in the past could also rip off Canadians trying to feed their families. This apparently shocked Liberals and Conservatives. However, we knew it needed to be done. We knew that there needed to be justice, and we need to make a difference in people's lives.

Let us not pretend that this motion is anything other than the type of faux populism we have learned to expect from today's Conservatives. They identify some parts of the problem, such as spiralling grocery costs and unaffordable housing, but then turn around and propose the most harmful of solutions. These solutions, once again, place the burden on Canadians rather than on those driving up costs.

Capping spending on services that Canadians rely on will not allow struggling Canadians to afford groceries. Cutting taxes for the wealthiest people in this country will not mean that people are finally able to buy a house. It will just mean that those with the most are still being asked to help the least.

This sort of upside-down politics is at the root of what is wrong with our political system. We must imagine a better way. Imagine a government that did not make it as easy as possible for the richest corporations in our country to park their money in tax havens. Under the Prime Minister's watch, Canadian assets in the top 16 tax haven jurisdictions have gone from $126 billion to a whopping $400 billion. The ultrawealthy have never had it so good.

Imagine we had a windfall tax, something this government has refused to implement. A recent report by the Parliamentary Budget Officer found that the NDP's proposal for a windfall tax on big oil and gas and big box stores, which includes big grocery chains, would generate $4.3 billion over five years. Imagine what we could do with that money to help Canadians. Instead, we see the CRA targeting Canadians who tried to stay afloat during the pandemic, demanding CERB repayments, rather than targeting corporations that used the Canada emergency wage benefit to fund stock dividends and buybacks.

These misplaced priorities punish already struggling Canadians while robbing those same Canadians of the services they could get if we actually took corporate crime seriously in this country. However, we do not. We do not even have real fines for when corporations engage in tax avoidance schemes. They get caught, but there is no fine; they just have to pay the taxes they should have paid in the first place. These general antiavoidance rule violations mean that there is no reason for corporations to keep from trying to cheat the system. The worst-case scenario is that they owe what they should have paid in the first place.

We in the NDP have consistently presented a vision where billionaires pay their fair share; Liberals and Conservatives have worked to block it. We have called on the government to bring in a wealth tax, raise the corporate tax rate to 18% and beyond, bring in a windfall tax, close the capital gains loophole and stop the billion-dollar giveaways to big oil. This could raise billions of dollars in revenue taken directly from the ultrarich, which could be spent on the services that Canadians desperately need.

I will not be voting for this motion. I am proud that we in the NDP are speaking out against this, calling out both Conservatives and Liberals for their hypocrisy. I will continue to stand up for the people here in my home, including working people and people on fixed incomes who need help now. I will continue to take on the rich and powerful and the two political parties that enable them.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:05 p.m.

Conservative

Bob Zimmer Conservative Prince George—Peace River—Northern Rockies, BC

Mr. Speaker, we could certainly imagine what an NDP government would look like in Canada. Frankly, we do not need to imagine it: We are seeing a coalition between the NDP and the Liberals that forms a very NDP government. Even in my home province of British Columbia, we have an NDP government. I hear its members proudly saying “Go, go”, but we just had two mills close. One in Prince George lost 300 employees and another in Chetwynd lost 200 employees, all because of policy from the NDP policy and this Liberal federal government that destroyed those mills and the allocation.

I guess the mystery to me, and I think what a lot of Canadians are asking, is that if the Liberal government is so bad, why does the NDP keep propping this corrupt Prime Minister up?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

First, Mr. Speaker, I want to acknowledge the challenging times that people in northern B.C. are facing. I have family in Prince George and heard the news of the closures. I certainly hope that support is there.

Let me tell this member what his Conservative government did to my home community of Thompson. It approved the buyout of Inco, a profitable Canadian company, by Vale, a Brazilian multinational. Vale received supports from Export Development Canada and others, but it went on to slash half the jobs in my home community. There are no more processing jobs here in Thompson, Manitoba, thanks to what the Harper government did in selling off our resources and selling off well-paying Canadian jobs. Therefore, I will not take any lessons from Conservatives when it comes to standing up for good, working-class jobs in the resource sector.

I am proud of the work the NDP is doing nationally to call on corporations, including those that are shutting down jobs in our communities, to pay what they owe. We are particularly calling on those that have seen excessive profits, including in mining, oil and gas, and other resource areas. I hope they will join us.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Mr. Speaker, the member went on an attack and wanted to point out hypocrisy from the Conservatives and the Liberals in terms of corporate taxes. She pointed out that we have not increased or reduced corporate taxes, and in particular, we have not increased them. I want to remind the member that the only government that I have witnessed offhand decreasing corporate taxes was the NDP provincial government in Manitoba. Not once but several times, the NDP, who have never been in office here in Ottawa but have been in my province, decreased corporate taxes. Does the member feel that there might be a bit of hypocrisy if we put this into the context of what she was saying?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

Mr. Speaker, as might be expected, I would remind the member that the NDP has not been in power in Manitoba for many years, going back to 2015. Therefore, in 2023, when we are seeing corporate profits through the roof and an inflation crisis we have not seen in over 40 years, I would ask the member and his party, the governing party of Canada, to get with the program. I would certainly ask them to learn from like-minded countries that have imposed a windfall tax and increased the corporate tax rate, including our neighbours to the south. I ask them to take on real measures at the national level that seek to redistribute wealth in our country, stop giving favours to their wealthy friends and support Canadians in their time of need through bold initiatives on tax fairness. Let them support our plan.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

Bloc

Sébastien Lemire Bloc Abitibi—Témiscamingue, QC

Mr. Speaker, when inflation and the cost of living go up, housing becomes a key issue.

Does my colleague see boosting funding to buy properties and support affordable and community housing as a solution? If the number of units goes up, would that not bring prices down because of supply and demand?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

Mr. Speaker, the member is right. The current housing crisis is a huge part of the cost of living crisis our constituents are experiencing right now. Investments in co-operative housing, affordable housing and housing in indigenous communities are crucial. That would be part of the solution.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:10 p.m.

Conservative

John Williamson Conservative New Brunswick Southwest, NB

Mr. Speaker, I will be splitting my time with the member for South Shore—St. Margarets.

I am always honoured to rise in the House of Commons on behalf of my constituents to speak for individuals, families and communities in New Brunswick Southwest. New Brunswick is a place where people work hard, play by the rules and sacrifice for their kids and grandchildren. In this way, the Maritimes are really just like any other part of this great country.

Today, working hard is just not paying off like it once did. This is because the current federal Liberal government is not upholding its end of the bargain. It is not delivering on its promise to Canadians. Canada is at a difficult crossroads. The economic skies are very dark, and times are hard for Canadians. I remind the members opposite, the MPs who represent the Liberals and the NDP, that federal tax increases, sky-high deficits and out-of-control inflation are all results of deliberate policy choices made by the government, which they have supported for the last eight years.

What are the consequences of botched federal policies?

After eight years of the current Liberal Prime Minister, inflation is at a 40-year high. Since last year, the cost of groceries is up 11%. Half of Canadians are cutting back on groceries. Twenty per cent of Canadians, or one in five, are reducing or skipping meals to control costs and help make ends meet.

After eight years, the average rent for a two-bedroom apartment across Canada's 10 largest cities has doubled to over $2,200 a month, compared with less than $1,200 per month in 2015.

Nearly half of variable-rate mortgage holders are saying that rising interest rates could force them to sell or vacate their homes by the end of this year. Average monthly mortgage payments have more than doubled; they now cost typical Canadian family households over $3,000 per month.

Canadians are being squeezed by a vice grip of inflation and Bank of Canada mismanagement.

Liberal monetary policy has been a disaster, but this should not be a surprise. The Liberal leader informed Canadians in 2021 that he did not think about monetary policy. I actually thought the PM was boasting about not thinking, but look at the mess Canada is in. Liberal budgets are also moving in the wrong direction. The central philosophy is tax, spend and regulate. When that does not work, the Liberals hit repeat. They tax, spend and regulate.

Reckless Liberal spending, fuelled by easy debt, is the root cause of Canada's soaring inflation. The Government of Canada ballooned our national debt. It has doubled in the last eight years. The government has accumulated more debt than all previous prime ministers combined going back to 1867. This debt binge was encouraged by the Bank of Canada's policy of quantitative easing, and today, Canadians are paying for this entirely predictable effect of policy carelessness. The federal tax bite has worsened over the past eight years. Today, taxes on consumption and everyday living increase every year, while Canadians are falling further behind.

For the past eight years, the federal government has pursued a plan to make our affordable and abundant energy more expensive through regulation and ever-rising taxes. Home heating fuels, electricity and prices at the pump are all more heavily taxed, and the Liberals keep raising those taxes.

Canada can do better.

If we look back to eight years ago, taxes for families, businesses and individuals were lower in this country. If one earned a low income, one actually paid no federal income tax. The GST was cut to help low-income Canadians.

Our manufacturing and natural resources sectors were growing because Canada had a federal government that understood what fuels our economy and shared prosperity. Budgets were in surplus and taxes were cut. This allowed more households to save for the future, because federal government spending was focused on improving services and better outcomes for Canadians. Home ownership was growing, and people were able to afford the basics and save for tomorrow. Canadians, in short, were getting ahead.

Today, it is a completely different story. Inflation is at a 40-year high. Half of households earning less than $40,000 a year are worse off, because we know, should know or have learned that inflation is the price Canadians pay for all the government benefits the Liberals and their NDP coalition partners said would be free. We know that is just not true. Meanwhile, our allies across the globe are making desperate energy deals with dictators to buy oil and gas as Canada ignores requests for help. This is true in Asia and is true in Europe.

None of this happened by accident. It is the result of policy choices supported by the Liberal-NDP coalition. That is why today's motion is so important. It is a motion introduced by the Conservatives to get Canada back on track. It is a necessary course correction. We are calling on the Liberals to cap spending, cut waste, fire high-priced consultants who do not do much and eliminate inflationary deficits and taxes that have caused a cost of living crisis.

Unfortunately, I do not think members opposite will take advantage of this opportunity to fix their mistakes. They are committed to their belief that the federal government's primary role is wealth redistribution. In fact, the previous speaker said the government is about wealth redistribution, instead of what Conservatives believe in, which is expanding opportunity and creating wealth so we have the resources to fund our social programs and ensure Canadians get ahead. The Liberals are also preparing the next blow to our economy with a plan for a so-called just transition away from hydrocarbons.

I am a member of the public accounts committee, and we recently studied the government plan that seeks to shut down natural resource sectors to reduce carbon dioxide emissions. The government's planned transition will be so painful that it is being compared to the collapse of the northern cod fishery in Atlantic Canada in the 1990s, which was devastating. I note that the labour minister recently said Canada needs more oil and gas workers, not fewer, and cursed the misleading term “just transition”. That is because the member represents Newfoundland and Labrador and understands the danger the just transition poses to his economy and provincial economies across the country.

The members opposite are so desperate to hide this reality from the public that they are testing new buzzwords. How do they sell job losses? It is by mentioning “a fair economy, a green economy, a progressive economy, an economy that works for all Canadians, and an inclusive economy.” That is nonsense. What is so fair or inclusive about a federal government determined to put Canadians in the unemployment line? When someone is working two jobs just to make ends meet, pay their rent and buy food, as some of my constituents are, how can they possibly save enough to get ahead?

For years, the Conservatives said the carbon tax was a tax on everything. Members opposite scoffed, but today nobody is laughing as families struggle under punishing energy and consumer prices. The Liberals and NDP like to blame the Russians, but in my part of the world, over in the state of Maine next to New Brunswick, a litre of gasoline is 50¢ less after exchange than it is in New Brunswick. The Russians have nothing to do with it. That is tax policy and regulation policy driven by the Canadian government.

Members of the Liberal Party and the NDP are committed to a set of policies that are going to continue to push Canada down the wrong track. Government is about protecting and advancing the interests of Canadian families. The NDP-Liberal coalition has failed to do this. That is why it needs to be replaced so Canadians will not just get by but get ahead.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:20 p.m.

Kingston and the Islands Ontario

Liberal

Mark Gerretsen LiberalParliamentary Secretary to the Leader of the Government in the House of Commons (Senate)

Mr. Speaker, if we look at inflation throughout the globe and do not look at it just domestically, as the Conservatives like to do, we will recognize that Canada's inflation rate is among the lowest in the G7. Japan has an inflationary rate of 4%, France is at 5.8%, Canada is at 6.3%, the U.S. is at 6.4%, Germany is at 8.5%, the U.K. is at 9.2% and Italy is at 10.1%. When we look at energy specifically, both the U.S. and Canada have a 7.3% inflation rate. The rest of the G7 is anywhere between 15% and 64%. These are January 2023 numbers.

How is it that Conservatives can continually get up in this House and say it is the sole responsibility of the Prime Minister of Canada that we are experiencing the inflation we have? One of two things is happening. One, they are just not paying attention to what is going on in the rest of the world, or two, they think the Prime Minister of Canada is incredibly capable of influencing inflation throughout the world. Which one is it?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Conservative

John Williamson Conservative New Brunswick Southwest, NB

Mr. Speaker, it is obviously not the latter, because the Prime Minister has told us he does not think about monetary policy.

We are not asking the Liberal government to be held accountable for inflation policies around the world. We are talking about this country. The Liberal government flooded our country with $400 billion in deficit spending, and we all know, or should know, that inflation is a monetary policy. The government devalued the value of Canadian currency and our savings, and we are paying for it now because of higher prices.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Bloc

Monique Pauzé Bloc Repentigny, QC

Mr. Speaker, the preamble to the opposition motion contains many truths. I will refer once again to the text of the motion. We agree with the part that says, “fire...consultants”. McKinsey, for example, recommended investing in carbon capture and storage when we know it is too costly and ineffective.

The motion also says, “cut waste”. We agree with that too, especially when it comes to oil subsidies. That $3.6 billion could be rapidly redirected to carbon capture and sequestration. I am sure the opposition would vote in favour of that.

Oil companies have been raking in mind-boggling profits thanks to high gas prices. Does anyone really think they need money? Why are the Conservatives not talking about that?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Conservative

John Williamson Conservative New Brunswick Southwest, NB

Mr. Speaker, we are talking about several different things. Today we are talking about taxes and the government's massive spending that does not make much sense. We think that energy sources should not be subsidized, full stop.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

NDP

Alistair MacGregor NDP Cowichan—Malahat—Langford, BC

Mr. Speaker, I am really amazed at the audacity of the Conservatives on some days. I listened to the member talk about the pain at the pump that his constituents are experiencing, but nowhere in his speech did he mention the massive increase in oil and gas profits, which are up 1,011% since 2019. I invite the member to stand up in this place, stand up for his constituents who are experiencing pain at the pump and take on the corporations that are gouging them every single day. That is the cause of inflation in Canada.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Conservative

John Williamson Conservative New Brunswick Southwest, NB

Mr. Speaker, once again we are getting a lesson that does not follow economics 101. There is no doubt that profits for oil and gas have gone up, but that is because the policy of the government, with its NDP coalition, has been to restrict supply and ensure that demand is ahead of supply. We need to bring more hydrocarbons to market to bring down prices at the same time as we cut the carbon tax to give consumers and families a break. That is how we break the vice grip of inflation. It is not by contraction and pain. It is by growth, hope and opportunity.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Conservative

Mike Lake Conservative Edmonton—Wetaskiwin, AB

Mr. Speaker, the Liberal member for Kingston and the Islands got me thinking. I am just reflecting, but I feel like there was a Prime Minister Trudeau before the current government who ran massive inflationary policies that led to economic devastation in the seventies and eighties and massive cuts in the mid- to late nineties to health care, social service and education. I am wondering if my hon. colleague remembers that as well.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:25 p.m.

Conservative

John Williamson Conservative New Brunswick Southwest, NB

Mr. Speaker, I am vaguely aware of the first Trudeau. What I find interesting is that the national energy policy that was devastating to Alberta and western provinces at least had Canada as the beneficiary, particularly industries in central Canada. However, I think it was a misguided policy.

I look at what the Liberal government is doing today, and it is not only ruining energy policy in this country but, at the same time, making energy more expensive and selling it to Americans and Europeans at a cheaper price. It is completely backwards.

The Prime Minister, in many senses, is doubling down on bad policy and is hurting Canadians.

Business of the HouseGovernment Orders

February 14th, 2023 / 12:30 p.m.

Conservative

Alex Ruff Conservative Bruce—Grey—Owen Sound, ON

Mr. Speaker, there have been consultations with other parties, and I believe if you seek it, you will find unanimous consent for the following motion, which seeks to correct the record from yesterday's two votes.

I move:

That notwithstanding any Standing Order

That the Journals of the House of Commons for Monday, February 13, 2023, be amended, under Division Nos. 257 and 258, to indicate the following members as paired:

The Minister of Foreign Affairs with the member for Shefford

The member for Ottawa South with the member for Beauport—Limoilou

The member for Parkdale—High Park with the member for Saint-Hyacinthe—Bagot

The member for Aurora—Oak Ridges—Richmond Hill with the member for Bruce—Grey—Owen Sound.

Business of the HouseGovernment Orders

12:30 p.m.

Conservative

The Deputy Speaker Conservative Chris d'Entremont

All those opposed to the hon. member's moving the motion will please say nay. It is agreed.

The House has heard the terms of the motion. All those opposed to the motion will please say nay.

(Motion agreed to)

The House resumed consideration of the motion.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:30 p.m.

Conservative

Rick Perkins Conservative South Shore—St. Margarets, NS

Mr. Speaker, it is a privilege to rise in this House to speak to this important motion that our party has put forward on the issue that is of most concern to Canadians today.

I know all of us in the House, and I am sure government members are hearing it as much as we are, receive calls and emails to our offices every day from struggling working people having trouble paying their bills. People who live on fixed incomes are having to make the most difficult choices in life, like the choice between paying for heat, paying for food, paying for medication or paying for gas in the car to go get food. These are the choices that people are making as a result of the actions of the Liberal government after eight years.

We are in an unprecedented situation of a 40-year high in inflation caused by the policies of the government after eight years. After eight years, people are working harder, but they are falling further behind. I know members of the Liberal Party love it when we raise Pierre Trudeau, so I will raise Pierre Trudeau. We have not had inflationary numbers like this since Pierre Trudeau was in government. That was a difficult time in the 1970s and 1980s for people. The sins of the father are now being delivered through the sins of the son.

Housing prices are now twice as high as they were in 2015. After eight years of the Liberal Prime Minister, the cost of groceries is up 11%. After eight years of the Liberal Prime Minister, half of Canadians are cutting back on groceries. After eight years of the Liberal Prime Minister, 20% of Canadians are actually skipping meals. After eight years of the Liberal Prime Minister, the average rent for a two-bedroom apartment across Canada in the 10 biggest cities is $2,213 per month, compared to $1,171 per month when the Liberals were elected.

After eight years of the Liberal Prime Minister, 45% of variable mortgage rate holders say they will have to sell or vacate their homes in less than nine months due to current interest rates. After eight years of the Liberal Prime Minister, the average monthly mortgage costs have more than doubled to now over $3,000 a month.

We can see that these costs are going up and that is why we are getting these calls. I am going to relate it a bit to what we experience in the Maritimes. Mr. Speaker, as a Nova Scotian, I know you are getting calls along these lines. The policies of the government have killed the investment in most industries in Canada. Bill C-69 is affectionately known as the “no pipelines bill”. I call it the “no capital bill” because it has really killed all capital investment.

The result of that is that in Nova Scotia and in New Brunswick, and my predecessor who spoke, the member for New Brunswick Southwest, has the same issue, we have to burn oil from Saudi Arabia to heat our houses. To give members an idea of what that costs, because of the policies of the government, it costs $1,800 to fill a tank of oil. Half that tank will be burned in four weeks.

These are the expenses that are killing people on fixed incomes in my part of the world and making them think about selling their houses. We have good, clean, ethical Canadian oil and natural gas that we could be bringing to Atlantic Canada to reduce our cost of living, but the government has brought in policies to stop that.

Of equal impact on inflation is the fact that the Liberals never saw a tax they did not like. What is the first thing they did? They thought they could put in carbon tax, a tax they thought would stop everything that goes on in the world with regard to weather. Carbon tax is inflationary by its nature. If it were to work, which it does not, the design of it is that it has to make everything much more expensive in order to cause people, theoretically, to change their behaviour.

In my rural riding, we do not have transit. We do not have options for how we get around, how we take our kids to school, how we get to work, how we get groceries, or how we go visit our parents and family members. We have to drive. Transit is not an option that we have. The Liberals believe that imposing a carbon tax would actually change the fact that we have to drive everywhere in rural Canada.

The imposition and tripling of this new tax, which would come into place this year in Nova Scotia, because the Liberals have not had enough of destroying our economies with their taxation, will make fuel cost an extra 40¢ a litre by 2030. For the mom taking her kids to hockey practice or taking her kids to school, this is a huge amount of money, on top of having to burn gasoline produced from oil from Saudi Arabia.

That tax costs families thousands of dollars a year when they are trying to make healthy meals and trying to figure out how to heat their houses. Heating houses, and this may come as a shock to the Liberal government, is not optional in Canada. We actually have to do that, and a tax that makes home heating more expensive for seniors living through our frigid winters is nothing short of cruel.

I am talking about the Liberal carbon tax, the tax on everything, the tax making everything more expensive. If the Prime Minister was serious about making life more affordable for our seniors, workers and families, he would cancel the carbon tax imposition in Nova Scotia, and he would cancel the tripling or quadrupling of the carbon tax that he is planning to do to make life more unaffordable for Canadians.

Instead of freezing that obscene tax, the Liberal government is raising taxes on the people who are struggling to make ends meet. Of course, the Liberals pretend that somehow, magically, in their world of math we could actually get more money back than we pay. That math does not add up in grade 6, but apparently it adds up for the Liberals.

The Parliamentary Budget Officer, in his reports on the carbon tax that exists now, has actually pointed out something the Liberals tend to ignore. I will read from the report: “most households in Alberta, Saskatchewan, Manitoba and Ontario will see a net loss resulting from federal carbon pricing” by 2030. That is a little different from the lines we hear. By then, the carbon tax levy will have increased to $170 a tonne. The moment we decide to decarbonize the economy in a relatively short period of time with a tax, if it were to work, we are talking here less than 10 years to significantly reduce greenhouse gas emissions, it is clear that there is going to be a cost.

The PBO goes on to report, “Most households...under the backstop will see a net loss resulting from federal carbon pricing under the HEHE plan” in 2030-31. The Parliamentary Budget Officer continues by stating, “Household carbon costs—which now include the federal levy and GST paid...and lower income...—exceed the rebate and the induced reduction in personal income taxes arising from the loss in income.”

In other words, this is not what the Liberals say during question period, that somebody magically pays into taxes to Ottawa and gets more back. I do not think anyone has believed that existed since the temporary imposition of income taxes when they first came in. It is just about as believable.

An additional element of this high-priced system that the Liberals have brought in is that we have fallen behind the U.S. in our per capita economic output. In 2015, we were equal to the United States, and now we are 40% less. That is $100 billion a year lost to the Canadian income, according to the IMF. I know the Liberals like to make up their own numbers, but the IMF says that is $100 billion a year that is lost to our income relative to the United States because of the policies of the government. Up until 2015, we were fairly equal.

I have many more issues, which I am sure I will get to address in the question and answer period, particularly with the member for Kingston and the Islands. I look forward to those questions.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:40 p.m.

Sydney—Victoria Nova Scotia

Liberal

Jaime Battiste LiberalParliamentary Secretary to the Minister of Crown-Indigenous Relations

Mr. Speaker, I know the member is from Nova Scotia. In Nova Scotia recently we have seen some terrible hurricanes, including Fiona. We are seeing ponds not freezing over. We are seeing places where indigenous folks used to ice-fish for years but are not able to ice-fish anymore because of climate change.

I wonder if the member opposite could tell me if it is right, and if there is something we need to do to put a price on pollution. Does the member agree with the Supreme Court that climate change is real? Does he agree with the scientists that climate change is real? Does he believe that we should act on this?

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:40 p.m.

Conservative

Rick Perkins Conservative South Shore—St. Margarets, NS

Mr. Speaker, perhaps the member for Sydney—Victoria would be supportive of the idea of getting natural gas to Nova Scotia, since 62% of our electricity is generated by burning coal from Colombia. If the Liberals will support getting natural gas to Nova Scotia through a pipeline, we can cut our emissions in half and impact those issues that the member raises around climate change.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:40 p.m.

Bloc

Monique Pauzé Bloc Repentigny, QC

Mr. Speaker, in his speech, my colleague talked about natural gas as a source of clean energy. We need to define “clean” because natural gas leaks and contaminates water sources. Natural gas needs to be flared off. I am sorry, but that is not clean. It is a polluting fossil fuel.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:40 p.m.

Conservative

Rick Perkins Conservative South Shore—St. Margarets, NS

Mr. Speaker, I appreciate the question from the member from Quebec, where over 52% of Quebec's energy comes from fossil fuels from western Canada. In addition to that, natural gas burns much cleaner, which is what I said, than other forms of electricity generation like coal.

I am sure the hon. member would be interested to know that Pakistan just announced that because it cannot get enough natural gas from around the world, it is going to quadruple its coal production and burning in Pakistan. I am sure the member would like to see that coal burning going down by bringing good, cleaner Canadian natural gas to Pakistan and other parts of the world.

Opposition Motion—Rising Inflation and Cost of LivingBusiness of SupplyGovernment Orders

12:40 p.m.

NDP

Matthew Green NDP Hamilton Centre, ON

Mr. Speaker, I rather enjoy the hon. member for South Shore—St. Margarets. We get along famously. We have ongoing conversations in this House. He talked about the poor Liberal mathematics. I will find some common ground first. I would agree, and I will put this on the table, that we cannot tax ourselves out of climate change and that is a fact.

However, his math is not math. He talked about the good people in Nova Scotia who cannot afford to pay their bills and cannot afford to heat their homes, but not once did he talk about corporate profits. I am here to say today that if we were to abolish carbon pricing, the 1,000% profits that the oil and gas sector has had over this last year, in 2022, would continue to make it unaffordable for his residents.

The hon. member is a pragmatic man. Could he at least not agree that the corporate gouging, this ridiculous out-of-control profiteering, is the economic driver that is keeping the cost of heating the homes in his home province unaffordable for working-class people?