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House Hansard - 182

44th Parl. 1st Sess.
April 21, 2023 10:00AM
Context: House Hansard - 182 - Apr/21/23
Mr. Dan Muys (Flamborough—Glanbrook, CPC)
  • Apr/21/23 10:25:06 a.m.
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  • Re: Bill C-47 
Mr. Speaker, what does the hon. member have to say to his constituents who, like mine, are struggling with high interest rates and mortgage rates? Those who are renewing their five-year mortgages, or those who are on variable mortgages, are very much feeling the gut punch of the interest rate increases, which are the result of inflationary spending and the deficits of his government. These would not be abated in any way by the budget. This is ravaging household budgets, and when the mortgage costs and rents have doubled, that is having a huge impact on household budgets.
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