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Decentralized Democracy

House Hansard - 234

44th Parl. 1st Sess.
October 18, 2023 02:00PM
  • Oct/18/23 3:03:33 p.m.
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Mr. Speaker, there is going to be a wave of mortgage renewals in the coming months. The Royal Bank of Canada, for one, will be renewing 41% of its mortgages. Non-stop interest rate hikes will make that difficult. Inflation is driving mortgage costs up by 30% every month. After eight years of the Prime Minister, everything is broken. Can he explain to people how they are supposed to pay their mortgage and not end up homeless?
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  • Oct/18/23 3:04:40 p.m.
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Mr. Speaker, I do not know where she got that good news from. According to Statistics Canada, inflation in Quebec has jumped to 4.8%. Quebec has had the highest inflation rate in Canada for four consecutive months. Food price inflation stands at 6.7%. After eight years under this Prime Minister, supported by his Bloc Québécois friends, people are literally struggling to feed their families. Are these the sunny ways he promised eight years ago? This Liberal government is not worth the cost. Does the Prime Minister acknowledge that it is shameful that, in Canada in 2023, people are having trouble feeding themselves?
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