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Decentralized Democracy

House Hansard - 221

44th Parl. 1st Sess.
September 20, 2023 02:00PM
  • Sep/20/23 2:39:39 p.m.
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Mr. Speaker, they lost track of a million people. After eight years of the Prime Minister, housing prices are at an all-time high, and many Canadians have lost hope of ever owning their own home. This is a direct result of the NDP-Liberal government's reckless deficit spending that has poured countless cash into the economy, driving up inflation, which has driven up interest rates, which has doubled mortgage rates. Will the Prime Minister finally stop his inflationary spending so Canadians can once again keep a roof over their heads?
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  • Sep/20/23 2:40:56 p.m.
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Mr. Speaker, former Liberal finance minister John Manley said that the Liberal deficit spending is like pressing a gas pedal on inflation while the Bank of Canada is trying to press the brakes on it by raising interest rates. Eight years ago, Canadians could afford to pay off their mortgage in 25 years. Now it takes 25 years just to save for a down payment. When will the Prime Minister stop his reckless spending so Canadians can once again afford to buy homes?
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