Canada Business Corporations Act  Mr. Speaker, there is one thing I want to ask my colleague about. The bill would put the threshold for significant control at 25% or more of the company shares. For it to be truly effective, I think, and a lot of my Conservative colleagues would agree with me, the threshold would need to be lower, like, for example, what is used by the Ontario Securities Commission, which is 10%.

Liberal Party of Canada  Mr. Speaker, after eight years of the Prime Minister, inflationary Liberal deficits have caused a world of hurt. After their latest carbon tax increases and their $43-billion deficit-busting budget, the inflationary pain Canadians are feeling continues to rise. Rent and mortgages have doubled.

Business of Supply  Madam Chair, it was 4.4%. How much was it in March?

Business of Supply  Madam Chair, it was lower. It was 4.3% in March. What is the bank's main job?

Business of Supply  Madam Chair, its main job is to keep inflation at 2%. How much does the minister's budget project inflation will be this year?

Business of Supply  Madam Chair, to the Minister of Finance, how much was the Bank of Canada's surplus for the receiver general in 2020?

Business of Supply  Madam Chair, it was $1,772,900,000. How much was the Bank of Canada surplus for the receiver general in 2021?

Business of Supply  Madam Chair, the answer was $2,780,000,000. How much was the Bank of Canada surplus for the receiver general in 2022?

Business of Supply  Madam Chair, the answer is zero. How much did the Bank of Canada lose in 2022?

Business of Supply  Madam Chair, the bank lost $705 million. When was the last time the Bank of Canada had a loss before 2022?

Business of Supply  Madam Chair, the answer is that the bank never had a loss before 2022. On a prospective basis, how much does the Bank of Canada project these bank losses will be over the next few years?

Business of Supply  Madam Chair, the bank has announced that it expects up to $6 billion in losses over the next few years. Why are taxpayers bailing out the Bank of Canada?

Business of Supply  Madam Chair, how much is the bank's policy interest rate?

Business of Supply  Madam Chair, how much was Canada's inflation rate in April?

Finance  Mr. Speaker, the finance minister plans to spend $490 billion in this budget but is refusing to show up at the finance committee for just two hours to answer questions. The budget would drive every Canadian family another $4,200 into debt. Canada has the fifth-highest increase in government spending and the third-largest increase in our debt-to-GDP ratio.