The Economy

During Question Period on the economy, the Conservative leader said the government’s carbon tax, energy policy and spending caused inflation and a recession, citing declining investment and high housing costs, and asked why the Prime Minister was not answering questions himself. Liberal ministers replied that the Conservatives vote against programs and tax cuts that help people, and said Canada has one of the fastest-growing economies in the G7 with record investments in housing, defence and infrastructure. Each side asked the other to say what it actually supports.Written by AI from the debate. Updated .

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2 statements

Pierre Poilievre, Leader of the Opposition

Conservative
“The Prime Minister will not answer questions because his economic choices have failed. His carbon tax, his energy policy, and his spending caused inflation and put the country into a recession.”
Official Hansard

Mr. Speaker, do people know why the Prime Minister cannot stand to answer a question in the House of Commons? It is because he has been wrong about every single economic issue of the last decade. He was wrong to push bigger and broader carbon taxes. He was wrong to say that we should keep half our oil in the ground. He was wrong to say that COVID would lead to deflation or dropping prices. He was wrong to say that governments should print hundreds of billions of dollars, the reason we have the inflation. Now he is wrong again, as the only G20 leader out of 20 countries to lead his country in a recession. Does the Prime Minister realize that when he gets it wrong, Canadians pay the price?

Pierre Poilievre, Leader of the Opposition

Conservative
“We want lower costs, higher pay, and safer streets. Under the Prime Minister, the economy has shrunk, investment has dropped, and Canada now has high debt, expensive housing, and high unemployment. I want him to stand up and answer questions about his record.”
Official Hansard

Mr. Speaker, I will tell the member what we are for. We are for an affordable Canada, a Canada with growing paycheques and safer streets, which is the exact opposite of what the Prime Minister has delivered. This is his record: Count them; there have been five consecutive quarters of declining investment. In three of the last four quarters, the economy has declined. In fact, the GDP of Canada today is smaller than when he became Prime Minister. In fact, the GDP was bigger on the last day of Justin Trudeau in office. We now have the most expensive real estate, the highest household debt and the second-highest unemployment in the G7. Is that why the Prime Minister is afraid to stand in the House and answer a question?

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