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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
Context: House Hansard - 233 - Oct/17/23
Mr. Eric Melillo (Kenora, CPC)
  • Oct/17/23 2:38:12 p.m.
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Mr. Speaker, after eight years of the NDP-Liberal government, the federal deficit is projected to exceed $46 billion this year according to the independent budget officer. This spending is driving up interest rates and mortgage costs to the point where people are worried they will not be able to afford to keep a roof over their head. We know the Prime Minister is not worth the cost, so when will he finally stop his inflationary spending and reduce the deficit so that Canadians can afford to keep their homes?
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Context: House Hansard - 233 - Oct/17/23
Mr. Eric Melillo (Kenora, CPC)
  • Oct/17/23 2:39:34 p.m.
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Mr. Speaker, unfortunately, after eight years of the government, it is too little, too late for many struggling people. We know the government's housing crisis brings with it a generational divide. According to a survey reported on by BNN Bloomberg, nearly 70% of young people have chosen to delay their home purchase. Why is that? They cite rising interest rates and rising home prices. That is why people are overpaying for an individual room or are simply trapped in their parents' basement. I ask this again: Why does the government not stop its inflationary spending so that Canadians can afford a home?
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