Adam Chambers
Simcoe North, Ontario · Conservative · Canada
“Mr. Speaker, I rise today to present a petition on behalf of the residents, recreational users, camp owners and indigenous communities surrounding Lake Couchiching who are concerned about an aerodrome being placed on the water, on the lake. It is a very busy lake.”
“We need a tax reform package to lower taxes, business and personal, and significantly reduce complexity. On regulation, we need service standards for permitting. We need to pre-approve projects in areas of the country, which means they can be done faster.”
““This has made it more likely that a new shock or a combination of shocks could cause several vulnerabilities to crystallize at once,” said the senior deputy governor, Carolyn Rogers.”
“In fact, according to Sean Speer, editor-at-large at The Hub, all of this is a bit of silly semantics: “The real questions are: how much does the economy suck, how long has it sucked, why does it suck, and what are the different ideas to stop it from sucking.” We have a productivity crisis in this country, and everybody knows it.”
“We have the build Canada office, and then the sovereign wealth fund, which will be funded, of course, with debt. (1755) Now I would like to turn, for the reminder of my comments, to a specific risk that I think is growing and that the government should be paying more attention to.”
“We borrow mostly on the short end of the curve, so what happens is that this debt has to be rolled over every two or three years. That is like signing up for only a one- or two-year mortgage on a house. One would have to go to the bank, and guess what happens. Their interest rate gets reset every single time.”
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Every one of 208 lines we hold for Adam Chambers, in date order, each linked to its source. Free to read, in full, without an account. Page 5 of 5.
“Mr. Speaker, does the minister believe it is reckless to issue record amounts of debt when the Bank of Canada is warning that the market may not be able to absorb that amount of debt, or if there is fiscal uncertainty in the world, that our interest rates will increase when we have record amounts of Canadians renewing their mortgages? Do they need to pay more, yes or no?”
“Mr. Speaker, the Bank of Canada has warned that 40% of the amount of government debt issuance is purchased by non-bank financial actors, including hedge funds. If we are issuing record amounts of debt, does the minister agree that this represents a risk to Canada's financial stability, our credit rating and the rate at which Canadians have to borrow to pay for their mortgages?”
“Mr. Speaker, one of the gentlemen at Fitch recently said that the lack of a budget “raises questions about transparency and contributes to [Canada's] greater economic...uncertainty”. Does the minister agree with that statement?”
“Mr. Speaker, to read the press release, which would only become more clear after the election. Will the minister answer whether he believes Canadians who voted for reciprocal tariffs and elbows up did so with full knowledge that the government, quietly and secretly, under the cloak of a vague press release, removed tariffs during the election?”
“Mr. Speaker, we have confirmed discussions are ongoing with the Americans. We have confirmed the digital services tax and electric vehicle mandate are, in fact, trade irritants that the government imposed. Will either minister admit that the Liberal government's previously imposed digital services tax and electric vehicle mandate are the reason we have challenges with the American relationship?”
“Mr. Speaker, I appreciate you reminding me of that. I will be splitting my time three ways. It has also been reported that the digital services tax and Canadian imposition of the electric vehicle mandate are trade irritants for the Americans. Can the minister confirm whether or not that is the case?”
“Mr. Speaker, it is a pleasure to be here tonight. I want to congratulate the new Minister of International Trade on his appointment. It is a pleasure to be here with everyone today. It has been reported that Canada and the U.S. are in trade negotiations and these are nearing completion. Can the minister confirm that these discussions are, in fact, occurring?”
“Mr. Speaker, the Prime Minister is asking Parliament to approve almost half a trillion dollars in spending, up 8% from last year. Nothing says spend less and invest more like spending more money on high-priced consultants and contractors. That is going up to $26 billion a year, which is more than a 35% increase. Is the kind of change the government is trying to deliver to push civil servants out to bring their friends and high-priced consultants, such as McKinsey, back in?”