Senator Martin: A National Bank of Canada report from earlier this month showed the average mortgage payments as a percentage of income in Canada are just under 61%. In Toronto, it’s 82.8%, and in Vancouver, it’s a whopping 94.9%. Again, this report came before the Bank of Canada increased rates to the highest level in 22 years. Canadians were already carrying the highest household debt in the G7. Now, many families are facing a crisis, as their mortgage payments could increase by up to 40%.

Leader, that number is not a partisan talking point. It’s taken from the Bank of Canada report released in May. How can you possibly say the Trudeau government’s economic strategy is a success, as you recently claimed?