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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
Mrs. Shelby Kramp-Neuman (Hastings—Lennox and Addington, CPC)
  • Jun/19/23 2:58:09 p.m.
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Mr. Speaker, experts across Canada and the world are sounding the alarm bells. The Liberal government deficits are causing mortgage defaults because of inflation driving interest rate hikes. One mortgage broker in Ontario said that it may be the last straw. Washington and Paris are taking note as well. The IMF and the OECD have singled out Canada as the nation with the highest risk of mortgage defaults. Will the Prime Minister listen to domestic and international experts and end his inflationary deficit spending?
84 words
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  • Rabble!
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Context: House Hansard - 216 - Jun/19/23
Mrs. Shelby Kramp-Neuman (Hastings—Lennox and Addington, CPC)
  • Jun/19/23 2:59:24 p.m.
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Mr. Speaker, the long-term consequences of the current government's inflationary deficit spending on Canadian mortgage-holders is already at a head, driving up interest rates to the highest in 22 years. Senior economists across the Canadian banking sector have all indicated that another hike is likely in July, another cost-of-living hike on top of the carbon tax hike. At what point will the government stop footing middle-class Canadians with the bill for its poor economic and fiscal stewardship?
83 words
  • Hear!
  • Rabble!
  • star_border