Mr. Speaker, I want to congratulate the finance minister on her flip-flop today. She had said that deflation was a bigger risk to Canada than inflation. Now that Canada has the second-highest inflation rate in the G7, higher than the eurozone and higher than most of our competitors, and the second-highest housing inflation of any country on earth, she has admitted that we have an inflation crisis. I congratulate her for finally waking up to that.
Will she acknowledge that this inflation is, in fact, a homegrown problem?