That, given that,
(i) after eight years of this Liberal government, this prime minister has added more to the national debt than all previous prime minister’s combined,
(ii) a half-trillion dollars of inflationary deficits has directly led to 40-year inflation highs,
(iii) prior to budget 2023, the Minister of Finance said, “What Canadians want right now is for inflation to come down and for interest rates to fall […] and that is one of our primary goals in this year’s budget: not to pour fuel on the fire of inflation," and then proceed to usher in $60 billion in new spending,
(iv) in order to combat inflation, the Bank of Canada has been forced to increase interest rates 10 times in just 19 months,
(v) interest rate increases have increased mortgage payments, and since this prime minister took office, monthly mortgage payments have increased 150% and now cost $3,500 on a typical family home,
(vi) the Liberal-NDP government must exercise fiscal discipline, end their inflation driving deficits so that interest rates can be lowered,
in order to avoid a mortgage default crisis, as warned by the International Monetary Fund, and to ensure Canadians do not lose their homes, the House call on the government to introduce a fiscal plan that includes a pathway back to balanced budgets, in order to decrease inflation and interest rates, and to introduce this in the House of Commons prior to the Bank of Canada’s next policy interest rate decision on October 25, 2023.