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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
Mrs. Karen Vecchio (Elgin—Middlesex—London, CPC)
  • Oct/17/23 10:52:47 a.m.
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Mr. Speaker, I do not know if things are different in the member's part of the country than they are in mine. I just met with members from LSTAR, which is part of CREA, the Canadian Real Estate Association. They shared with me that one of their smallest branches just announced 40 delinquent mortgages. The banks do not know what to do because, if they go forward and close some of these, what will happen to the rest of housing? We know that we are in a crisis when we are seeing small towns with 40 delinquent mortgages. What does the member have to say about her government's record on this?
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