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Canada Business Corporations Act Madam Speaker, I want to go back to one particular issue that has to do with the significant interest clause, which the member discussed during his speech. He said that it was okay for now, which leads me to think he might think it should be lower. The fact of the matter is it sh
June 20th, 2023House debate
Marty MorantzConservative
The Economy Mr. Speaker, this is a very serious problem. Massive Liberal deficits are fuelling inflation. Inflation causes interest rates to go up. Higher interest rates lead to higher mortgage payments and more mortgage defaults. To stop mortgage defaults, we need to balance the budget, end
June 12th, 2023House debate
Marty MorantzConservative
Housing Mr. Speaker, that is certainly not a very serious answer. The bank governor is working to rein in inflation by increasing interest rates. At the same time, the Prime Minister's massive $60-billion spending spree is fuelling inflation and has caused yet another interest rate hike
June 12th, 2023House debate
Marty MorantzConservative
Budget Implementation Act, 2023, No. 1 Madam Speaker, there is one aspect of the budget on which I want to get clarification. In the fall economic statement, in the 2027-28 business year, the fall economic statement projected a $4.5-billion surplus. Only 140 days later, on March 28, the budget introduced a table for
June 7th, 2023House debate
Marty MorantzConservative
Committees of the House Madam Speaker, we are debating a concurrence motion. I do not see what the relevance to the concurrence motion is. This member—
June 5th, 2023House debate
Marty MorantzConservative
Carbon Pricing Mr. Speaker, carbon tax 1 will add 41¢ a litre to the price of gas. Now carbon tax 2 will add another 17¢ on top of that. To make matters even worse, they are going to tax these taxes by adding GST. It all adds up to a whopping 61¢ a litre. These taxes will make everything more e
June 5th, 2023House debate
Marty MorantzConservative
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
May 31st, 2023House debate
Marty MorantzConservative
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 mortgage
May 31st, 2023House debate
Marty MorantzConservative
Business of Supply Madam Chair, it was 4.4%. How much was it in March?
May 29th, 2023House debate
Marty MorantzConservative
Business of Supply Madam Chair, it was lower. It was 4.3% in March. What is the bank's main job?
May 29th, 2023House debate
Marty MorantzConservative
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?
May 29th, 2023House debate
Marty MorantzConservative
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?
May 29th, 2023House debate
Marty MorantzConservative
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?
May 29th, 2023House debate
Marty MorantzConservative
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?
May 29th, 2023House debate
Marty MorantzConservative
Business of Supply Madam Chair, the answer is zero. How much did the Bank of Canada lose in 2022?
May 29th, 2023House debate
Marty MorantzConservative