In the preamble to the Throne Address, scheduled for early Tuesday afternoon, the Conservatives said the government must turn off the tap if it is to curb the rising cost of living.
The observation is clear to Pierre Boiliver, a spokesman for finance: the increase in the cost of living is mainly a result of the federal government’s spending policies, which have exploded since the beginning of the pandemic.
“The liberals do not want to talk about it because their policies are the cause of it. We demand today’s throne speech to put an end to the inflation tax and inflationary deficit,” Mr. Poilièvre declared at a press conference.
Conservatives were not so lucky, however, with Finance Minister Chrystia Freeland prioritizing an injection of $7.4 billion in new emergency benefits, as announced in October.
Canada’s economic stimulus benefit (CEP) ended well on October 23, but that was followed by the promise of a new, more focused program focused on “stimulus” to help employees and employers in difficult situations, areas where health measures make working difficult.
The economic bill may be introduced as early as this week, when the parliamentary session opens. With the New Democrats as allies, the Liberals’ new aid programs should go like a letter in the mail.
These investments are intended to serve as a transition between the generous aid programs put in place at the height of the COVID-19 pandemic and the eventual exit from the Covidian era.
Poilièvre did not close the door to Conservative Party support, saying he would evaluate what was put forward.
The employment rate returned to its pre-pandemic level last September at 6.9%.
The reasons behind the rising cost of living in Canada are debatable, but the Bank of Canada attributes this phenomenon primarily to disruptions in global supply chains.
Listen to Foisy-Rovitaille’s interview with Philippe-Vincent Foissy, Antoine Robitail and Benoit Dautrezac on QUB Radio:
“Total coffee aficionado. Travel buff. Music ninja. Bacon nerd. Beeraholic.”