SoVote

Decentralized Democracy

House Hansard - 165

44th Parl. 1st Sess.
March 7, 2023 10:00AM
  • Mar/7/23 3:04:12 p.m.
  • Watch
Mr. Speaker, this year, Canadians will feel the brunt of the 4.25% increase in the Bank of Canada's base rate. According to Statistics Canada, 35% of Canadian households reported that it was difficult for them to meet their financial needs in the previous 12 months. What is more, 44% of respondents said that they were very concerned with their household's ability to afford housing or rent. Will the Prime Minister admit that his out-of-control spending caused inflation and created conditions that are impoverishing Canadian families?
91 words
  • Hear!
  • Rabble!
  • star_border
  • Mar/7/23 3:10:48 p.m.
  • Watch
Mr. Speaker, after eight years under this Prime Minister, property and housing prices have skyrocketed. Interest rate hikes have dealt a major blow to homeowners. The average cost of a mortgage in Canada has more than doubled. It is now $3,000 per month. As a result, young families cannot afford to buy a home, young adults are camping out in their parents' basements and students are staying in shelters. When will this Prime Minister acknowledge the problems he has caused, show some compassion and finally help Canadians?
88 words
  • Hear!
  • Rabble!
  • star_border