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Canadian Prime Minister Mark Carney says the ongoing conflict involving Iran is driving up energy costs and adding to economic pressure on Canadians. Gas prices have reportedly surged above $1.80 to $2.00 per liter in parts of Canada, while disruptions linked to the Middle East and the Strait of Hormuz have intensified concerns over global energy supplies. Carney’s government has extended a fuel excise tax suspension as a relief measure, while debate continues over how much of Canada’s broader inflation and grocery costs are linked to the international conflict versus long-standing domestic pressures. Meanwhile, Carney has expressed support for strikes targeting Iran’s nuclear program while acknowledging concerns surrounding international law.

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00:00Mr. Speaker, there's a reason we haven't answered.
00:02Mr. Speaker, this government will continue to work without fail to improve affordability for Canadians,
00:10cutting taxes on income, cutting taxes on first-time buyers, the groceries and essential benefits.
00:15The next cheque is coming in October, 12 million Canadians getting the benefit.
00:19And above all, providing the essential social services that that member voted against,
00:24every single one, child care, dental care, national school food program.
00:28$20,000 of savings for a Canadian family.
00:35The Honourable Leader of the Opposition.
00:39He's proven once again that he is absolutely out of touch and Canadians are absolutely out of money.
00:45All they have gotten from him is big talk around the world and big bills here at home.
00:52Lolita, for example, from Mississauga, told me this morning that she has to work two jobs now.
00:57One as a waitress and as an insurance broker to pay the insane grocery prices this Prime Minister promised that
01:04he would reduce.
01:06She can't eat speeches, summits or signing ceremonies.
01:10Will the Prime Minister admit that affordability is not the best it's been in a decade?
01:15In fact, Lolita is paying more than ever before.
01:23Mr. Speaker, what this government knows is that there are three wars affecting Canadians.
01:28The tariff war from the Americans, the war against Iran, the war against Ukraine.
01:32They are pushing up fuel prices.
01:34They are pushing up grocery prices.
01:36So we are providing immediate support to Canadians.
01:38Groceries and essentials benefit next check is coming next month.
01:44Up to $1,900 for a family of four.
01:47Across that, we support with the school benefit and beyond.
01:51Thank you, Mr. Speaker.
01:52Honourable Leader of the Opposition.
01:56And beyond, he doubled the deficit contributing to inflation.
02:00He has introduced a new fuel tax, partially offsetting the one that we forced him to put on hold.
02:07He is increasing the industrial carbon tax.
02:09And today, the Canadian Federation of Independent Business revealed that 20% of its members say their business is weak
02:15or critical.
02:16Only 18% said they would recommend other people start businesses.
02:2050% say don't start a business right now because the costs are too high.
02:26Conservatives want to save money and jobs through small business.
02:30Willie reverse his inflationary policies so we can bring down the costs on our small business consumers and workers.
02:35The Right Honourable Prime Minister.
02:39Let's walk through those in order, Mr. Speaker.
02:41Mr. Speaker, the industrial carbon tax, the impact on groceries is zero.
02:47The impact on clean fuel regulations on a bushel of canola is over a dollar.
02:56A bushel of canola in Battle River Crowfoot.
02:59It's over a dollar.
03:00The impact on fuel prices is zero.
03:02Mr. Speaker, this government is cutting taxes for business.
03:06The head of the CFIB praised the productivity mega deduction.
03:10I look forward to the member opposite.
03:13The Honourable Leader of the Opposition.
03:16His own Environment Department report reveals that the impact of the fuel standard is seven cents this year,
03:24rising to 17 cents per litre by the end of the decade.
03:29So he should check his own documents.
03:31Or he should listen to Justin who told me in a letter on August 11, 2026,
03:36I cannot afford to eat properly.
03:37I skip meals and rely on cereal for breakfast.
03:40I'm incredibly frugal, but my debts are still growing faster.
03:44I constantly stress and cry over my financials.
03:48The middle class is being eliminated.
03:50Mr. Speaker, will he look Justin in the eye and tell him that affordability is the best it's been in
03:55a decade?
04:01Mr. Speaker, this government is working for Justin, this government is working for Justine,
04:07and the Justins and Justines across this country.
04:09We are working to create jobs, 200,000 jobs net over the course of the last year,
04:15the fastest growth in the G7 in the last quarter.
04:18We are making this country more independent from the United States, more resilient, more prosperous.
04:24And while we're doing that, we are providing Canadians like Justin with a boost today and a bridge to tomorrow.
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