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Decentralized Democracy

Member of Parliament

Adam Chambers

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Simcoe North
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $121,028.17

  • Government Page
Context: House Hansard - 232 - Oct/16/23
Mr. Adam Chambers (Simcoe North, CPC)
  • Oct/16/23 2:40:55 p.m.
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Mr. Speaker, while households are dealing with higher interest rates, taxpayers are now on a bigger hook. That is because interest on the debt is going up. The government projected just a few months ago that it would spend $44 billion on debt-servicing costs this year, but that assumed that interest rates would go down. Instead, interest rates have gone up. Will the Minister of Finance finally tell Canadians how much they are now on the hook for with higher debt-servicing costs, because interest rates have not come down?
91 words
  • Hear!
  • Rabble!
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