QUESTION PERIOD — Finance
Canada's Inflation Rate
April 17, 2024
Senator Gold, when will you stop engaging in Justin Trudeau’s dream economics? The only thing that your government has realized is allowing the 1% of Canadians to get richer over the last eight and a half years. That is what inflation does, Senator Gold. The wealthiest 1%, 2% and 3% in this country under Justin Trudeau are having a bonanza because their real estate profits are going off the roof. The people suffering are the middle-class and poor Canadians, who are having a hard time paying their rent and meeting their mortgage obligations.
The fact is that inflation has come down from a high of over 8% to less than 3%. It has come down and it is within the targets set by the Bank of Canada.
The economy is doing sufficiently well that we can expect it to strengthen further, and that there will be further relief for Canadians. That is more important than talking points and rhetoric.
