PE Ledger

In a fiery statement, O’Toole states that under Trudeau’s leadership, Canada is “drowning in debt and division”

O’Toole’s speech to the caucus comes as he faces an internal leadership challenge.

In a heated speech to his caucus members this morning, Conservative Leader Erin O’Toole painted a dismal picture of Canada’s future, accusing the re-elected Liberal government of fueling inflation and regional divisions at a critical moment.

O’Toole said the Opposition Conservatives “won’t stay mute” while Prime Minister Justin Trudeau threatens the country’s economic and national unity with large government spending and an anti-oil and gas agenda during a 12-minute speech to kick off the new Parliament.

Trudeau and NDP Leader Jagmeet Singh, according to O’Toole, have established a “coalition” to push through left-wing legislation that will be “disastrous” for the country.

Although no formal agreement has been reached between the two parties, Singh has stated that he will support some upcoming Liberal bills, including one prohibiting conversion therapy — the discredited practice of forcibly “converting” LGBTQ people to heterosexuality — and new criminal sanctions for anti-vaccination protests at hospitals, among others.

O’Toole also accused the Liberals of neglecting blue-collar people who are dealing with a sharp increase in consumer costs, which has not been witnessed since the early 2000s. The government’s COVID-related spending, according to O’Toole, is to be accountable for the “crisis,” and Tuesday’s throne speech offered no alternatives to slow price rises.

Experts believe that inflation in Canada and much of Western Europe is linked to substantial COVID-19 relief programs, limited supply chains, limited energy reserves, and a pandemic-driven labour shortage that has pushed up wages.

While central bankers such as Bank of Canada Governor Tiff Macklem have predicted “transitory” inflation, price increases across the economy are proving to be more resilient. In October, Statistics Canada’s consumer price index increased by 4.7 per cent year over year, the highest increase since February 2003.

With property prices in Canada reaching even higher record highs, O’Toole accused the Liberal government of doing nothing as more young people abandon their ambition of buying a home.

“What does Justin Trudeau have to say about it? We have a prime minister that consistently puts his own demands ahead of yours, rather than standing up for Canadians, “he stated

The Liberal government is anticipated to announce a package of additional incentives for first-time homebuyers in the coming weeks, as promised before the election, to assist in addressing sky-high average real estate prices.

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