“The government is spending too much money. This spending causes high inflation, higher interest rates, and higher rents. The Liberals blame outside events instead of taking responsibility for making life less affordable.”

“Madam Speaker, I am thankful for the privilege to speak here today. A few weeks ago, I asked a question in the House about affordability. The premise of that question was that under Trudeau, there was a lot of spending, and inflation went up, and then a new Prime Minister came along, promised to run on affordability, had a banker’s resume and was going to fix the country and bring down inflation. Unfortunately, we actually see a budget that is spending more than Justin Trudeau. It is so disappointing to see that. I think some Canadians are starting to feel duped now that these budgets are out. Inflation is caused by printing money, essentially. The more money there is in the system, and the goods remain the same, the more cost it is per good. This is what our Conservative leader was talking about. Just before COVID, and during Trudeau’s big spending frenzy, our Conservative leader kept talking over and over about how the more we spend, the more inflation goes up and the more interest goes up. What happened? Interest went up. People’s mortgages have gone up because of it. Rents have gone up because of it. Rents have gone up in Newfoundland 10% year over year, partially because interest rates are going up, and then we have inflation going up as well. It is very disappointing because people in Canada are making relatively the same wage. They are working harder but not getting ahead. They are working more and not getting ahead, because this government is spending more, and it is so disappointing. There is a graph in the budget on page 11 that shows how the deficit-to-GDP ratio actually increased after the current Prime Minister was elected. It has been a full year from when he was elected until now, and it increased significantly. It just blows my mind, as that is the opposite of what the Prime Minister campaigned on. A third of Atlantic Canadians are saying they cannot even afford to pay their bills now. Every time we point to the Harper decade and point to how Canadians could afford food back then, they could get by and perhaps even afford a trip throughout the world for vacation at that point, the excuse is always, “Well, oil prices were high. Times were good, oil prices were high, and things were great.” They do not mention that we were in the 2008 economic crisis. No, oil prices saved Canada. Okay, maybe that is true, but what is interesting is that now when we mention inflation, the Liberals will say, “Well, inflation is because of the war in Iran. With the war in Iran, the price of oil is going up, and so things are becoming more expensive, and inflation is going up.” Which is it? I mean, it is so frustrating. Canada does better when the price of oil goes up. We get revenues. The Canadian economy should be predicted to do better because of that. It is so frustrating to see this double, two-way argument. It seems like the Liberals are trying to blame everybody and anybody they can. First they blamed Trudeau, and then they axed him. Then they blamed Trump. Now that things are, “Oh, you know, who cares? We can’t talk to Trump,” they get to blame the war with Iran. This is what I want to know. When will the Liberals stop looking out their window trying to find a scapegoat to blame this inflation on, rather than looking in a mirror, holding themselves accountable and asking who was running this country for the past decade when inflation got out of hand?”

“The government spends too much and taxes too much, which makes life more expensive. We should cut taxes on diesel by 25 cents to lower costs for Canadians. We can pay for this cut with the money Canada makes from selling oil and gas.”

“Madam Speaker, the government cannot tax itself into prosperity and it cannot spend its way out of inflation. That is what is very frustrating, because both of these approaches seem to be what this government keeps trying to do. It is so upside down and backwards. Four cents on diesel is almost a joke. The government is probably getting more than four cents on the GST because of the price increase. It is almost a joke. Diesel is what ships our food. It is what ships all the products in Canada. In a lot of ways, it is almost the core of the Canadian economy. The Conservatives wanted to take 25¢ off, to take it all off and reduce all those taxes to give people at home a break. We could offset those costs with all the royalties that Canada is getting from our oil and gas while supplying our allies with some of the best oil and gas in the world.”