SoVote

Decentralized Democracy

House Hansard - 209

44th Parl. 1st Sess.
June 8, 2023 10:00AM
  • Jun/8/23 2:20:43 p.m.
  • Watch
Mr. Speaker, Canadians learned yesterday that the Bank of Canada is raising interest rates for the ninth time since last year. This comes thanks to the Prime Minister's out-of-control spending, which is driving up the cost of the goods that we buy and the interest that we pay. Half of all mortgage holders were already struggling to make payments and that was before the bank's announcement. The Department of Finance knows this number, and the government refuses to share it. Can the finance minister tell us how much families will now pay for their mortgages because of her inflationary spending?
104 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/8/23 2:21:47 p.m.
  • Watch
Mr. Speaker, the Liberals say everything is fine. They either do not know the number or they will not tell us. It is $4,000 a month for an average mortgage payment. After eight years of the Liberal government, consumer debt is the highest it has ever been. Canadians carry more debt than our entire GDP. The Prime Minister told us that interest rates would stay low. He promised that he would take on debt so Canadians did not have to. Canadians need some certainty. They need to pay their bills. How many Canadians will have to lose their homes before the Liberals notice something is wrong?
107 words
  • Hear!
  • Rabble!
  • star_border
  • Jun/8/23 2:22:57 p.m.
  • Watch
Mr. Speaker, it is clear the Liberals do not want to talk about the economy. I understand why. We just learned that David Johnston fired the crisis communication firm he hired for strategic advice. It turns out that the same firm worked for the member for Don Valley North, who was asked to leave the caucus amid allegations of foreign interference. David Johnston exonerated that member without even talking to him. There is a conflict of interest and then there is this. What the hell is going on?
88 words
  • Hear!
  • Rabble!
  • star_border