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Decentralized Democracy

House Hansard - 216

44th Parl. 1st Sess.
June 19, 2023 11:00AM
Context: House Hansard - 216 - Jun/19/23
Mr. Terry Dowdall (Simcoe—Grey, CPC)
  • Jun/19/23 2:53:26 p.m.
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Mr. Speaker, rate hikes are on the rise again. The Liberals' record debt level has led to 40-year-high inflation and the highest interest rate in 22 years. Higher Liberal taxes were already making Canadians poor. Interest rates will now make owning and renting more expensive. Conservatives have been asking for a plan to balance the budget, but the NDP-Liberal coalition just laughs and spends more. The IMF now warns that Canada is at the highest risk of mortgage defaults among advanced economies. How many Canadians need to lose their homes before the government presents a plan to balance the budget?
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