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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. Jagmeet Singh (Burnaby South, NDP)
  • Jun/12/23 2:27:57 p.m.
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Mr. Speaker, interest rates have shot up so quickly that families are struggling to pay their mortgages. We can give an example of someone in Toronto. An average family that bought an average home a year and a half ago would have to find over an additional $27,000 by the end of this year. That is a shocking amount. What advice would the Prime Minister give to these families that are struggling with the cost of a mortgage for how they can come up with this additional amount of money?
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