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Decentralized Democracy

House Hansard - 313

44th Parl. 1st Sess.
May 10, 2024 10:00AM
Context: House Hansard - 313 - May/10/24
Hon. Kerry-Lynne Findlay (South Surrey—White Rock, CPC)
  • May/10/24 11:21:01 a.m.
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Madam Speaker, I am listening to the Parliamentary Budget Officer, who says the exact opposite of what that member just said. Inflationary budgets destroy the working class with high interest rates. After nine years, mortgages, down payments and rents have all doubled, and 90% of young Canadians are stuck in housing hell with their dreams of home ownership shattered. Those who do own fear they cannot qualify for renewal. Mortgage delinquencies are up 50% overall, 135% in Ontario and 62% in B.C. This—
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Context: House Hansard - 313 - May/10/24
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • May/10/24 11:33:23 a.m.
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Madam Speaker, after nine years, the Prime Minister is just not worth the cost. For families with variable rate mortgages with fixed payments, it is even worse. Median mortgage payments will increase 60% by 2026. Working-class paycheques have been shredded by the NDP-Liberal government. Common-sense Conservatives will bring in a dollar-for-dollar law to find a dollar of savings for every new dollar spent. This is how families run their households. Can the minister explain how Canadian families are supposed to come up with hundreds or thousands of dollars more a month just to keep their homes?
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Context: House Hansard - 313 - May/10/24
Ms. Monique Pauzé (Repentigny, BQ)
  • May/10/24 12:40:15 p.m.
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Mr. Speaker, the commissioner of the environment appeared before the Standing Committee on Environment and Sustainable Development yesterday. He has a different perspective with respect to homes and mortgages. Here is an excerpt from his presentation: ...a major lender recently announced that it would no longer accept new mortgages for homes in high-risk flood zones. The consequences of such decisions on the value of residential housing, which for many households is the main asset, could prove quite dire. Although the Conservative Party is always focused on the carbon tax or on what is happening with the environment, it never comes up with any solutions for people who are dealing with floods, droughts and deteriorating health.
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