This is a single
speech (committee meeting) resource
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This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2009-04-28 15:35:00",
"attribution": {
"en": "Hon. John McCallum (Markham\u2014Unionville, Lib.)",
"fr": ""
},
"content": {
"en": "<p data-HoCid=\"1453540\" data-originallang=\"en\">Well, thank you, Mr. Chair. Let me start by saying something nice, and that is I thought it was a very good move and a novel one\u2014or at least novel to me\u2014to announce in advance that your interest rate would stay low for a period of a year or so, thereby hopefully influencing market rates. I hadn't seen that before. </p>\n<p data-HoCid=\"1453541\" data-originallang=\"en\">My question, however, concerns statements by Mr. Flaherty compared with your own statements today. Earlier this month in London, the Finance Minister said we had a mild recession and that inflation was likely to become a problem. On inflation, I will quote him: </p>\n<blockquote><p data-HoCid=\"1453542\" data-originallang=\"en\"> I'm very conscious of...the danger of inflation. And we're going to watch closely over the next few quarters...and then we'll take the steps we have to take in conjunction with the Bank of Canada.... </p>\n</blockquote><p data-HoCid=\"1453543\" data-originallang=\"en\">So he's saying mild recession and you're saying deeper than expected. He's saying there's a big inflation problem. You seem to say there isn't one\u2014or at least that's my interpretation of your report. </p>\n<p data-HoCid=\"1453544\" data-originallang=\"en\">So I have a double question. Isn't that quote by Mr. Flaherty a little bit proprietary on inflation, because I thought that was really your job? Second, who's right in this apparent contradiction between your view and that of the minister?</p>",
"fr": "<p data-HoCid=\"1453540\" data-originallang=\"en\">Merci, monsieur le pr\u00e9sident. Permettez-moi de commencer par un compliment. Je trouve que c'est une tr\u00e8s bonne id\u00e9e et une id\u00e9e nouvelle, en tout cas pour moi, d'annoncer \u00e0 l'avance que votre taux d'int\u00e9r\u00eat restera bas pendant un an environ, ce qui devrait avoir une influence sur les taux du march\u00e9. C'est la premi\u00e8re fois que je vois cela.</p>\n<p data-HoCid=\"1453541\" data-originallang=\"en\">Ma question concerne toutefois la diff\u00e9rence entre les d\u00e9clarations de M. Flaherty et celle que vous venez de faire aujourd'hui. Plus t\u00f4t ce mois-ci, \u00e0 Londres, le ministre des Finances a d\u00e9clar\u00e9 que nous connaissions une l\u00e9g\u00e8re r\u00e9cession et que l'inflation allait probablement poser un probl\u00e8me. Voici ce qu'il a dit au sujet de l'inflation:</p>\n<blockquote><p data-HoCid=\"1453542\" data-originallang=\"en\"> Je suis tr\u00e8s conscient du\u2026 danger de l'inflation. Nous allons surveiller la situation de pr\u00e8s au cours des prochains trimestres\u2026 et nous prendrons alors les mesures voulues, en collaboration avec la Banque du Canada\u2026 </p>\n</blockquote><p data-HoCid=\"1453543\" data-originallang=\"en\">Il parle d'une l\u00e9g\u00e8re r\u00e9cession tandis que vous dites qu'elle est plus profonde que pr\u00e9vu. Alors qu'il parle d'un s\u00e9rieux probl\u00e8me d'inflation, vous semblez dire qu'il n'y en a pas. C'est du moins ainsi que j'ai interpr\u00e9t\u00e9 votre rapport.</p>\n<p data-HoCid=\"1453544\" data-originallang=\"en\">J'ai donc une question double \u00e0 vous poser. La d\u00e9claration de M. Flaherty au sujet de l'inflation empi\u00e8te-t-elle un peu sur vos pr\u00e9rogatives, car je pensais que c'\u00e9tait de votre ressort? Deuxi\u00e8mement, qui a raison compte tenu de cette contradiction apparente entre votre opinion et celle du ministre?</p>"
},
"url": "/committees/finance/40-2/23/john-mccallum-1/",
"politician_url": "/politicians/john-mccallum/",
"politician_membership_url": "/politicians/memberships/1387/",
"procedural": false,
"source_id": "2725577",
"document_url": "/committees/finance/40-2/23/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F40-2%2F23%2F"
}
}