Mr. Speaker, we know that the value of the Canadian dollar has gone down. Actually, it has just gone down again over the last couple of days, so our dollar is not going as far as it did in years prior.
When it comes to interest rates, what has happened to the Canadian dollar and our purchasing power is that the more the government spends, the greater the deficits are. The PBO just said that the deficit is actually going to be $50 billion higher than first projected only a couple of months ago. When the government continues to have a reckless spending problem, it leaves Canadians with less money in their pockets, and inflation goes up.
Government members talk about procuring wood to build homes in Canada, but having 36 mill closures over the last couple of years in B.C. and Quebec is also going to make homebuilding less affordable. They cannot get a softwood tariff deal done with the United States, which they promised to do.