New Tory Financial Critic Says ‘Band-Aid Solutions’ Won’t Solve Inflation

The Conservative Party has remained focused on inflation in recent weeks with its newly appointed financial critic Jasraj Singh Hallan saying the Liberal government’s proposed measures to tackle the problem are “band-aid solutions”.

“It’s good to help people, it’s also much, much better when we solve the real problem, which is just inflation,” Hallan told The Epoch Times in an interview.

Hallan’s party supports the government’s Bill C-30 to double the GST tax credit for six months for a portion of Canadians, but did not say whether it would support Bill C-31, which deals with dental care. and tenant support.

The bill is likely to pass given the support provided by at least the NDP.

Hallan, who was previously his party’s immigration critic, says he doesn’t think these measures will do much for Canadians.

“With the rising cost of food, gasoline, everything in life, these measures will be evaporated by just inflation,” he says.

Hallan was first elected in 2019 to Calgary Forest Lawn riding and has a background in accounting and owning a home construction business. He replaced Dan Albas as finance critic.

He mentioned having “humble beginnings” and going through tough times, but being able to achieve the “Canadian dream.”

Hallan says “out of control” government spending has now made it difficult for Canadians to have equal opportunities.

‘Global Phenomenon’

Under constant attacks from Conservative MPs on inflation, the Liberal government has been saying it is a global phenomenon.

“We cannot compensate all Canadians for rising costs caused by a global pandemic and Putin’s invasion of Ukraine,” Finance Minister Chrystia Freeland told the House of Commons finance committee. On October 3rd.

In Hallan’s opinion, the main cause of inflation is, instead, the measures adopted by the federal government.

“We have more money chasing fewer assets in this country and that’s what causes it,” says Hallan.

“So when the government continues to print money, borrows money, continuously spends money, and has no fiscal constraints, that’s why we are where we are today.”

Hallan repeated some of his party’s well-known policy proposals to tackle inflation, including eliminating the carbon tax and repealing laws that have “crippled our energy industry and our agriculture.”

The economy needs to be unleashed and Canada should not pass “meaningless bills that are simply based on leftist ideology,” says Hallan.

The Calgary MP says there is “a lot of talk of a hard landing” in an eventual recession, calling for fiscal restraint.

Announcing the government’s measures to tackle the cost of living in September, Prime Minister Justin Trudeau said the proposed measures are targeted enough not to drive inflation further.

Freeland told the finance committee that his administration is mindful not to make things worse.

“As Canadians cut costs, so will our government. We will do our part to not add fuel to the fire,” Freeland said.

To follow

Noé Chartier is a reporter for The Epoch Times who lives in Montreal. Twitter: @NCartierET Get: @nchartieret

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