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Decentralized Democracy

House Hansard - 61

44th Parl. 1st Sess.
April 29, 2022 10:00AM
Context: House Hansard - 61 - Apr/29/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/29/22 11:38:11 a.m.
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Madam Speaker, I would like to thank my colleague for his question. Obviously, increased energy costs are a result of the war in Ukraine, but the federal government is here to help Canadians deal with the rising cost of living, whether it is through subsidies for dental care, programs that make it easier to access housing, or the fact that we are helping lower the cost of child care. We are here to help Canadians, and I would like to thank my colleague for his interest and for his question.
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Context: House Hansard - 61 - Apr/29/22
Ms. Melissa Lantsman (Thornhill, CPC)
  • Apr/29/22 11:40:14 a.m.
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Madam Speaker, aggressive rate hikes are coming and that is because the government continues to spend recklessly. Here is what that means for an average Canadian. If they are lucky enough to buy a house for the $800,000 that it costs, with a 2% mortgage they are paying about $3,400 a month for mortgage payments. The potential of a 3% rate hike means $3,400 turns into $5,200. Why is the government drowning Canadian homeowners in the debt of tomorrow to pay for the pet projects of today?
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Context: House Hansard - 61 - Apr/29/22
Mr. Tako Van Popta (Langley—Aldergrove, CPC)
  • Apr/29/22 11:46:28 a.m.
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Madam Speaker, contrary to the song the Liberal government has been singing about inflation being transitory and tied to short-term supply chain disruptions, Bank of Canada Governor Macklem is now acknowledging that inflation is going to be with us longer than anticipated and 6% higher than anticipated. This inflation costs the average Canadian worker $2,000 a year and the average family $4,000 a year. How does the government think the average hard-working, middle-class family can adjust to and manage that kind of a shock to the family budget?
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