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Kevin Waugh

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Saskatoon—Grasswood
  • Saskatchewan
  • Voting Attendance: 67%
  • Expenses Last Quarter: $133,761.32

  • Government Page
  • Dec/6/22 4:52:41 p.m.
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  • Re: Bill C-32 
Madam Speaker, I am fairly confident that in the province of Saskatchewan we have really moderate housing costs compared to everybody else in the country. I feel for those people starting out who are living in Vancouver and Toronto and the GTA, where it is without question nearly impossible to start under $700,000 or $800,000. In my city and my province, that would get people a pretty good house these days. Canadians really do want to save for housing. It is going to take a little time. I am really disturbed by the interest rates. I lived when they were 12% to 18% in the 1970s and 1980s. It was hard. The younger folks, if I can say this, have never seen 12% to 18% interest rates. They have to get used to it because the way the government is spending, we are getting there faster than ever before.
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  • Dec/6/22 4:49:39 p.m.
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  • Re: Bill C-32 
Madam Speaker, there is no doubt that if they do not have to pay the interest, and we can defer the interest payments for I do not know how many years, that would obviously help the students of today going to school. At the same time, who is paying the interest on those loans? It is going to be Canadians. I can say that it was a good gesture to help not only university students but also students going to college who are taking part in the trades we have in this country. It was a good gesture. I do not know how long we can go on with it because of the Liberals' spending. We are seeing interest rates rise almost every two or three weeks in this country because of the money they are spending.
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