Taxation  Mr. Speaker, we are helping Canadians by making life more affordable. We are doing that in many ways. It is why we have increased the Canada workers benefit, which now helps three million Canadians. We have reduced the retirement age from 67 to 65, putting thousands of dollars back into the pockets of our seniors.

Taxation  Mr. Speaker, on this side of the House we continue to be incredibly focused on making life more affordable for Canadians and really building an economy that works for everyone. That is why we introduced the Canada child benefit. We stopped sending cheques to millionaires, as the Conservatives proposed and did for so long, and we gave them to the families who needed them the most.

Taxation  Mr. Speaker, as I have said often today, our government is focused on making life more affordable. There are plenty of measures we have taken on to do just that. We have implemented an early learning and child care program. By the end of this year, families are going to see a 50% reduction in their child care costs, and it is going to go to $10 a day by 2025.

Taxation  Mr. Speaker, I have outlined a number of measures that our government has taken on to make life more affordable. I think the member knows that inflation is a global phenomenon. While it is 7% in Canada, it is higher, at 8.3%, in America and it is 9.1% in the euro area. One thing we know for certain is that we cannot fight inflation by investing in speculative assets.

Employment Insurance  Mr. Speaker, this summer we presented a comprehensive plan to make life more affordable for Canadians. This fall, our legislative agenda is full of fresh ideas on how to make life more affordable for Canadians. The Conservative plan presented all this week is really two parts: Stop fighting climate change and raid the pension benefits of our seniors.

Employment Insurance  Mr. Speaker, I note the hon. member is from my home province of British Columbia, where we have actually had a price on pollution since 2008. In fact, we have had that price on pollution while having the fastest-growing economy in the entire country. In fact, if the Conservatives get their way and cancel our fight against climate change, in British Columbia it will mean a savings of exactly zero dollars and zero cents.

Taxation  Mr. Speaker, we are working hard to strengthen the Canadian pension plan. The Conservatives are trying to argue that we can make life more affordable by raiding the pension benefits of seniors in the future. It is basically the same playbook they used when they tried to raise the retirement age from 65 to 67.

Taxation  Mr. Speaker, the Conservatives are not friends of the Canadian taxpayer. When they were in government, they raised taxes on Canadians more than 50 times. When we lowered taxes for the middle class twice, they voted against it. When we lowered taxes for small businesses, they voted against it.

Employment  Mr. Speaker, we all know that the Bank of Canada is an independent institution. It has operated that way for more than a generation. We also know that it is a tough time for Canadians, which is why we have created a comprehensive affordability plan. Members of the House will have a real opportunity this fall to make life more affordable for Canadians by doubling the GST benefit for 11 million households, by providing a housing benefit for renters who need it the most and by providing dental care to young children so they can get their teeth fixed.

Employment Insurance  Mr. Speaker, we understand that EI benefits need to be more fair, more responsive and more adaptable to the needs of the Canadian workforce. That is why we are committed to delivering a full-scale modernization of the EI system. Although some temporary pandemic benefit programs are winding down, regular EI benefits will continue to be available to workers, just as they were before the pandemic.

Taxation  Mr. Speaker, our hearts are with Atlantic Canadians today as Hurricane Fiona is about to make landfall. To those on the ground: Stay safe, listen to first responders and follow the advice of local authorities. I think I speak for all members of the House when I say that our government will be here to support them with whatever resources or assistance they require.

Taxation  Mr. Speaker, it is incredibly unfortunate that the leader of the Conservative Party has tried to tackle inflation and tackle affordability by giving investment advice on highly speculative assets. For those Canadians who did follow the advice of the Leader of the Opposition, I am truly sorry that they lost their life savings.

The Economy  Madam Speaker, that is not the first time a Conservative has risen in this House to say that we were spending too much and not enough in the same sentence. By doubling the GST credit for six months, we would provide $2.5 billion in additional targeted support to the roughly 11 million individuals and families who need it the most.

The Economy  Madam Speaker, I am very happy to be here to discuss this topic, and I thank the member opposite for raising it. Canadians are seeing higher inflation rates and higher costs of living in Canada and, frankly, right around the world as the result of many factors, which include the war in Ukraine, global supply chain bottlenecks and global energy market uncertainty.

The Economy  Mr. Speaker, we know that this is a difficult time for millions of Canadian families. Groceries are more expensive and bills are adding up. That is why we cut taxes for the middle class and for small businesses and lifted more than 1.3 million Canadians out of poverty. We are reducing child care costs for parents; we are delivering increased benefits for our seniors; we are also making investments to boost Canada's long-term growth and create well-paying jobs, all while lowering our debt-to-GDP ratio every single year.