Federal Conservative Pierre Poilievre has released video from a recent Question of Privilege in the House of Commons where he explains how the Federal Liberal government has been dodging parliament to significantly raise taxes.
Instead of going further into debt or raising taxes to pay for a massive increase in government spending, the Trudeau government worked out a deal with the Central Bank. Every week the Central Bank prints billions of dollars that go directly to government coffers. Without a single vote and without consulting Parliament, the federal government is effectively raking in the largest tax increase in Canadian history.
By printing money at this unprecedented rate, the federal government is responsible for driving up Canada’s inflation rate resulting in price hikes for virtually all goods and services. Poilievre calls it an “inflation tax”.
In this short video, Poilievre describes how the inflation tax hurts low and middle income Canadians, while increasing the value of assets owned by the richest Canadians.
2021 Election Issues: Economy - Todayville.com
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