Mr. Speaker, I am just going to spend a little time quickly talking about efficiency and how an economy works. We can think of capitalism as the allocation of resources based on consumer demands; what consumers want, they will get through a system of purchases and otherwise. The more efficient that is, the more those goods get out effectively and the wealthier everyone is. Every time the government puts in a regulation, it makes the system less efficient. Some of the regulations the government puts in are needed, so members should not take me the wrong way. This means that there will be more money going to Ottawa and less money going to Canadians. Particularly where the regulations create temporary, short-term distortions, they can actually do a lot of permanent harm to the economy. This is because they disrupt the efficiency of the economy, and the buy-and-sell signals that exist in a capitalist economy are distorted. I would love to believe that this had a good intention, but I can almost guarantee that the outcome will be negative for most Canadians.
In the House of Commons on December 9th, 2024. See this statement in context.