SoVote

Decentralized Democracy

House Hansard - 241

44th Parl. 1st Sess.
October 27, 2023 10:00AM
Context: House Hansard - 241 - Oct/27/23
Mr. Pat Kelly (Calgary Rocky Ridge, CPC)
  • Oct/27/23 11:16:28 a.m.
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Mr. Speaker, under the NDP-Liberal government, a generation of young Canadians are giving up on home ownership. It used to be that if someone had a full-time job and saved their money, they could buy a home, start a family and eventually pay their house off. How can a young Canadian save for a down payment when they are paying $2,500 a month for rent? How can they qualify for a mortgage when the payment is $4,000 a month? It now takes a worker most of their working life just to save enough for a down payment, but then they still would not even qualify for the mortgage. The government's inflationary deficits have triggered an inflation crisis and the highest interest rates in decades. Those who already own a home do not know what they are going to do or how they are going to make their mortgage payments after the next renewal. Those who do not own a home are forced to pay ever-increasing rent. The Prime Minister has killed the middle-class dream of home ownership. That is his legacy after eight years. The Prime Minister is not worth the cost.
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Context: House Hansard - 241 - Oct/27/23
Mr. Pat Kelly (Calgary Rocky Ridge, CPC)
  • Oct/27/23 11:58:29 a.m.
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Mr. Speaker, after eight years, Canadians are increasingly convinced that the Prime Minister is not worth the cost. The government's insatiable appetite for spending has triggered an inflation crisis and interest rate hikes. Millions of Canadians with mortgages are left wondering what they are going to do when their payments go up by over $1,000 a month on their next renewal. When will the NDP-Liberal government get its inflationary deficits under control so people can afford to stay in their homes?
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