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Decentralized Democracy

House Hansard - 299

44th Parl. 1st Sess.
April 15, 2024 11:00AM
Context: House Hansard - 299 - Apr/15/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/15/24 2:20:10 p.m.
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Mr. Speaker, the minister talks about incompetence, yet he is the one who has lost a million Canadians and is the worst immigration minister in our country's history. His own Prime Minister even admitted that his management of the immigration system has been out of control. They say that is why the cost of housing has doubled. Now they are inflating costs even more. Inflationary deficits have added two percentage points to interest rates, which works out to $6,000 for a family with a $300,000 mortgage. Will the government reduce the deficit, cut interest rates so Canadians can keep their homes?
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Context: House Hansard - 299 - Apr/15/24
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Apr/15/24 3:01:53 p.m.
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Mr. Speaker, after eight years of the NDP-Liberal Prime Minister, life has gotten worse for Canadians, with higher taxes and higher mortgage payments. The Liberals' wasteful deficit spending left interest rates at 5%, hurting families with mortgages coming up for renewal, and banks are putting more money away for possible mortgage defaults. Now, this means people losing their homes— Some hon members: Oh, oh!
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Context: House Hansard - 299 - Apr/15/24
Mrs. Tracy Gray
  • Apr/15/24 3:02:35 p.m.
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Mr. Speaker, after eight years of the NDP-Liberal Prime Minister, life has gotten worse for Canadians, with higher taxes and higher mortgage payments. The Liberals' wasteful deficit spending left interest rates at 5%, hurting families with mortgages coming up for renewal. The banks are putting more money away for possible mortgage defaults, and this means more people losing their homes. We are hearing of people no longer meeting mortgage stress tests and having to sell their home, forcing them to rent and to pay rent that is more than their actual mortgage payments. Will the NDP-Liberal Prime Minister reverse his eight years of deficit spending and implement a one-for-one rule so that people can keep their homes?
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Context: House Hansard - 299 - Apr/15/24
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Apr/15/24 3:03:59 p.m.
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Mr. Speaker, through eight years of NDP-Liberal deficit spending, the Liberals caused the higher interest rates, which are causing people's mortgages to go up. Families are slashing their budgets just to be able to afford their mortgages in order to hang on to their homes. This year, Canada will spend $54 billion servicing Liberal debt. This is more money than the government sends to the provinces for health care. A dollar-for-dollar rule would fix the budget and bring down interest rates. The NDP-Liberal Prime Minister is just not worth the cost. Will the Prime Minister reverse eight years of deficit spending and implement a dollar-for-dollar rule?
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