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House Hansard - 234

44th Parl. 1st Sess.
October 18, 2023 02:00PM
Context: House Hansard - 234 - Oct/18/23
Mr. Pierre Paul-Hus (Charlesbourg—Haute-Saint-Charles, CPC)
  • 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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