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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. Pat Kelly (Calgary Rocky Ridge, CPC)
  • Jun/19/23 2:51:11 p.m.
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Mr. Speaker, massive Liberal deficits cause inflation, which cause interest rate hikes, which lead to mortgage defaults. The IMF warns that Canada is at the greatest risk for mortgage defaults of any country that it tracks. The solution is to stop the deficits, which stops inflation, which stops interest rate hikes, which will stop defaults. The finance minister knows this, and she said as much last fall, so when will she table her plan to rein in her deficits?
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Context: House Hansard - 216 - Jun/19/23
Mr. Pat Kelly (Calgary Rocky Ridge, CPC)
  • Jun/19/23 2:52:18 p.m.
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Mr. Speaker, that is cold comfort to families who do not know what they are going to do when their mortgage comes up for renewal. Inflation caused by Liberal deficits means that Canadians cannot afford groceries. Canadians are increasingly buying food on credit and struggling to pay their bills. Equifax Canada reports that Canadians are going deeper into debt, and defaults are rising. When will the Liberal government get control of its spending so Canadians can take back control of theirs?
81 words
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