Four MPs on the finance committee, Liberal MP Julie Dzerowicz, Conservative MPs Adam Chambers and Jake Stewart, and Bloc Québécois MP Gabriel Ste-Marie, were among members giving unanimous support for a Conservative push to hold hearings into the causes of high inflation in Canada.The story link will be added automatically.
“This will create additional strain on both individuals and businesses, because the reality is that inflation is a tax on people’s ability to save money and spend on goods. And unfortunately, it does hurt the poor the most, as well as seniors, individuals on fixed incomes, and anybody who cannot negotiate their wages to continue to keep pace with inflation,” he said.
“This is about recognizing that we can’t just keep spending obscene amounts of money, year after year. We have priorities as a nation, so we should be funnelling some resources away from certain priorities to ones that everyone agrees on, or maybe the government feels strongly about, such that we don’t just keep adding money to the deficit.
“Once businesses go bankrupt, it’s really hard to actually get them to restart. Whereas if you could actually support and sustain them, we have a better chance of coming out more quickly and strongly out of this pandemic. So I think there’s a balance to be had, and we understand what that balance is,” she said.
Matt_HorwoodHT The real driver of the rhetoric is the one conservatives desperately want to avoid talking about: Climate Change. At some point, the reality of pandemic-driven inflation will become apparent to even the most stubborn Tory. Until then they should get cosy lurking in the shadows
Matt_HorwoodHT Fiscal restraint is required because the Canadian taxpayer is being taxed to death and it inc. the countless hidden fees at the municipal,provincial and federal level.
Matt_HorwoodHT The real driver of the rhetoric is the one conservatives desperately want to avoid talking about: climate change. At some point, the reality of pandemic-driven inflation will become apparent to even the most stubborn Tory. Until then they should get cosy lurking in the shadows