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Decentralized Democracy

House Hansard - 211

44th Parl. 1st Sess.
June 12, 2023 11:00AM
Context: House Hansard - 211 - Jun/12/23
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Jun/12/23 3:03:04 p.m.
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Mr. Speaker, this is a very serious problem. Massive Liberal deficits are fuelling inflation. Inflation causes interest rates to go up. Higher interest rates lead to higher mortgage payments and more mortgage defaults. To stop mortgage defaults, we need to balance the budget, end the big deficits and reduce interest rates. Will the Prime Minister end his inflationary deficit spending so Canadians can afford to live?
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Context: House Hansard - 211 - Jun/12/23
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Jun/12/23 3:04:16 p.m.
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Mr. Speaker, that is certainly not a very serious answer. The bank governor is working to rein in inflation by increasing interest rates. At the same time, the Prime Minister's massive $60-billion spending spree is fuelling inflation and has caused yet another interest rate hike just last week. While the Liberals are making the Bank of Canada's job even harder, it is ordinary Canadians who will be dropping their keys off at their banks and saying goodbye to their homes. Will the Prime Minister put an end to his inflationary deficit spending and let Canadians keep their homes?
101 words
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