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Decentralized Democracy

House Hansard - 299

44th Parl. 1st Sess.
April 15, 2024 11:00AM
  • Apr/15/24 2:16:42 p.m.
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Mr. Speaker, both the Bank of Canada and a former Liberal finance minister told the Prime Minister that he was pressing on the inflationary gas pedal with his spending that ballooned interest rates, but he did not listen. As a result, the Bank of Canada went on the most aggressive interest rate hike campaign in Canadian history. The Prime Minister is leaving behind a legacy like no other. Under his regime, rent, mortgage payments and down payments have doubled; record deficits have driven interest rates sky-high; and food bank usage is at a record high. On April 1, he increased the carbon tax by 23%, which is causing even more pain in the pocketbooks of Canadians. Common-sense Conservatives will not agree to support the budget unless the Prime Minister axes the carbon tax on food, builds homes not bureaucracy and caps the spending. The Prime Minister is just not worth the cost.
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  • 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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  • Apr/15/24 2:21:33 p.m.
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Mr. Speaker, common-sense Conservatives will axe the tax, build the homes, fix the budget and stop the crime. This Prime Minister is not worth the cost of interest. According to Scotiabank, the Prime Minister's deficits are adding two full percentage points extra in interest costs for the average family. That works out to about $6,000 for a modest mortgage of $300,000. That is six grand in extra mortgage payments from these deficits alone. Will they finally wake up to the fact that this NDP-Liberal Prime Minister is not worth the cost?
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  • Apr/15/24 2:22:51 p.m.
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Mr. Speaker, we cannot see the value of homes and food that do not exist after eight years. The Liberals have a food program that, after eight years, has no food, and an affordable housing program that has doubled housing costs. They are not worth the cost, and now their deficits are driving up the interest obligations for the average family. For a family with a $500,000 mortgage, deficits are adding 10 grand in additional interest payments per year. When will they realize that, after eight years, this NDP-Liberal Prime Minister is not worth the cost?
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