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Decentralized Democracy

House Hansard - 261

44th Parl. 1st Sess.
December 4, 2023 11:00AM
  • Dec/4/23 2:50:28 p.m.
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Mr. Speaker, after eight years of NDP-Liberal borrowing and spending, the Prime Minister is just not worth the cost. Ninety per cent of Canadian mortgages up for renewal in the next two years are at fixed interest rates of about 3%. Today, there are three million Canadians about to renew their mortgages, and they are facing rates of up to 7%. The Bank of Canada governor has confirmed that excessive government borrowing and spending is driving these rate hikes. When will the Prime Minister end the inflationary spending and balance the budget to lower rates so Canadians can afford to eat, and to heat and keep their homes?
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  • Dec/4/23 2:51:47 p.m.
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Mr. Speaker, I can bet that the Liberals' mortgage charter and any other photo ops and PR stunts they do are about as useful as Monopoly money, but more Liberal vanity projects and PR campaigns clearly are not going to fix the fiscal mess that the Liberal-NDP government has caused over the last eight years. Canadians headed to renew their mortgages are facing double the payments. They are about to find out that the Prime Minister is just not worth the cost. When will the NPD-Liberal government stop the inflationary spending, balance the budget and lower rates so Canadians can afford to keep their homes?
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