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Decentralized Democracy

House Hansard - 209

44th Parl. 1st Sess.
June 8, 2023 10:00AM
  • Jun/8/23 2:38:52 p.m.
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Mr. Speaker, since January 2022, interest rates have risen nine times. Everything costs more, including groceries and heating. Now we are getting another cold shower: another increase in mortgage payments. Families have to cut back on groceries in order to survive and continue making the payments on their mortgage. Their house is their main asset. The Liberals told them that when rates are low, it is time to borrow. What great advice. What does the Prime Minister have to say to these many families who are struggling to make ends meet?
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  • Jun/8/23 2:40:02 p.m.
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Mr. Speaker, we are not the ones who have abandoned Canadians. The Liberals have. They need to wake up. When a mortgage increases by $2,000 a month, is it realistic for a family to overcome that obstacle? The answer is no. This government has been irresponsible, and now Canadians are paying the price. The Bank of Canada told the Liberals that their policy is causing inflation. I was sad to read in the paper this morning about a mother in Quebec City who said, “basically, our house is killing us”. What does the Liberal government have to say to that family?
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