Statement: The Budget Has One Job: Reverse “JustinFlation”

Ottawa, ON - Today, in advance of the federal government tabling the 2022 budget, candidate for Prime Minister Pierre Poilievre issued the following statement:

Justin Trudeau has one job in this year’s budget: reverse the taxes and deficits that have ballooned inflation to a 30-year high. Grown adults live in their parents’ basements because they are among the 9 in 10 aspiring home buyers who have given up, since prices doubled to give Canada the world’s second worst housing bubble. Food inflation forces single moms to skip meals, so their kids don’t have to—as rising costs force 4 in 5 families to cut back on groceries. Carbon taxes inflate heat and gas bills on our seniors. Worse still, inflation is now forcing up interest rates on indebted families and governments, which force many into bankruptcy.

The cause? The cost of government has ballooned the cost of living. Money-printing deficits increase demand for goods, while government gatekeepers block businesses and farmers from supplying that demand. More dollars chasing fewer goods means higher prices.

The budget must reverse “JustinFlation”, with common sense policy, including:

  1. Axe the carbon tax to reduce energy and food prices
  2. Phase out inflationary deficits, by ending wasteful spending and canceling new promises
  3. Remove the gatekeepers. Instead of creating cash for politicians, create more products for customers—more energy, food and housing - by removing government gatekeepers:
    1. Housing: Remove gatekeepers to get homes built, by selling 15% of 37,000 federal buildings to convert into affordable housing and requiring municipal politicians who want more infrastructure money to approve more housing permits faster without excess fees and red tape.
    2. Energy: Remove gatekeepers to allow more resource and pipeline projects to supply customers with affordable energy.
    3. Food: Remove the gatekeepers to reduce red tape on farmers to produce affordable food for our people.

Simply put: Make more goods that cost less by growing paycheques, not debt.