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Decentralized Democracy

House Hansard - 222

44th Parl. 1st Sess.
September 21, 2023 10:00AM
Context: House Hansard - 222 - Sep/21/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Sep/21/23 2:18:44 p.m.
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Mr. Speaker, documents released today show that the Bank of Canada's governing council is worried about creating false expectations regarding interest rates. The Minister of Finance created those false hopes two months ago when she said that we had won the battle against inflation. Since then, inflation has gone up by 43%. It is higher here than in the United States. This could force another interest rate hike for Canadians, who are the most indebted in the G7. Will the government eliminate its inflationary deficit at last so we can lower interest rates and save Canadians' homes?
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Context: House Hansard - 222 - Sep/21/23
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Sep/21/23 2:43:45 p.m.
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Mr. Speaker, a couple from Langley, British Columbia, who were interviewed said their mortgage payments went up $2,700 a month to $6,300 a month. Now the Liberal finance minister is trying to convince Canadians that her plan to bring down inflation is working. It is not. It just went up again. After eight years, the NDP-Liberal government's spending has driven up inflation, which has driven up mortgage interest costs by 31%. The Prime Minister is just not worth the cost. When will the Prime Minister stop his inflationary deficit spending so Canadians can keep a roof over their heads?
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