- Member of Parliament
- Leader of the Conservative Party of Canada
Leader of the Opposition
- Conservative
- Carleton
- Ontario
- Voting Attendance: 64%
- Expenses Last Quarter: $61,288.13
- Government Page
- May/27/24 2:21:45 p.m.
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Mr. Speaker, after nine years, the NDP-Liberal Prime Minister is not worth the cost of mortgages, 76% of which will become more expensive over the next three years, according to the federal banking regulator, OSFI. This, after the Prime Minister said rates would stay low for long. We know that his massive government deficits have driven rates up two percentage points higher than they otherwise would be, according to Scotiabank.
Will he accept my common-sense, dollar-for-dollar plan to cap spending and cut waste to bring down interest rates so Canadians can keep their homes?
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- Apr/15/24 2:21:33 p.m.
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Mr. Speaker, common-sense Conservatives will axe the tax, build the homes, fix the budget and stop the crime. This Prime Minister is not worth the cost of interest.
According to Scotiabank, the Prime Minister's deficits are adding two full percentage points extra in interest costs for the average family. That works out to about $6,000 for a modest mortgage of $300,000. That is six grand in extra mortgage payments from these deficits alone. Will they finally wake up to the fact that this NDP-Liberal Prime Minister is not worth the cost?
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- Apr/8/24 2:23:12 p.m.
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Mr. Speaker, while the common-sense Conservatives want to fix the budget to bring down inflation and interest rates, the Prime Minister is not worth the cost of mortgages.
According to Scotiabank's chief economist, this Prime Minister's inflationary deficits are increasing interest rates by 2% and preventing the Bank of Canada from lowering them. Canadians could lose their homes because of big multi-billion dollar announcements of inflationary spending. Will the Prime Minister acknowledge that this spending and these mortgages are not worth the cost?
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- Nov/21/23 2:22:49 p.m.
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Mr. Speaker, austerity and cuts are exactly what Canadian families are living with today. Seven million of them are cutting meals because they cannot afford food prices after he has inflated them. Many are cutting homes and are forced to live in tents because mortgage rates have risen so fast under the Prime Minister's deficits.
Scotiabank now calculates that government deficits are adding two full percentage points to the rates. That is $700 per month in higher mortgage payments. In the next three years, $900 billion of new mortgages, or two-thirds, will come up for renewal. We risk a massive default crisis.
Will the Prime Minister announce a plan to balance the budget, to bring down mortgage rates, so Canadians can keep their homes?
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- Nov/21/23 2:21:30 p.m.
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Mr. Speaker, after eight years, this Prime Minister is not worth the cost.
A Scotiabank report indicates that government deficits, with the federal government deficit being the largest, have increased interest rates by 2%. That adds $700 a month to the average mortgage. For the average family, it means an additional $8,400 in interest because of this Prime Minister's deficits.
Is he going to table a plan today to balance the budget and lower interest rates so that Canadians can keep their homes?
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- Nov/20/23 2:24:39 p.m.
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Mr. Speaker, the Prime Minister's plan is to increase mortgage payments by 150%, which he has already done. Now, Scotiabank says that government deficits have added two percentage points to interest rates. That works out to $700 a month, or $8,400 a year, in higher mortgage payments linked directly to deficits, including the massive deficits by the government.
A year ago, the government promised a balanced budget. It broke the promise six months later. Will it come back tomorrow with a plan to balance the budget so we can bring down interest rates and inflation so Canadians can keep their homes?
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- Nov/20/23 2:23:05 p.m.
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Mr. Speaker, after eight years, the Prime Minister is not worth the cost of mortgage payments, which are already up 150%. The Bank of Canada and the Parliamentary Budget Officer now agree with me that his deficits are driving up interest rates. Scotiabank says that deficits are driving mortgage rates up 2%. That works out to $700 per month. Carpenters and nurses are already living in their cars, and the IMF says that Canada's mortgage holders are the most at risk of crisis.
Will the Prime Minister finally accept my common-sense plan and announce the date and the plan to balance the budget and bring down interest rates on Canadian mortgages so people do not lose their homes?
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- Mar/22/23 2:34:34 p.m.
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Mr. Speaker, I asked the Prime Minister why mortgage payments have doubled under his eight years, why rent payments have doubled under his eight years and why Canadian house prices are about 72% more expensive than their American counterparts, even though it has 10 times the population on even less land. He could not answer any of these question.
The answer, according to Scotiabank, is that “Canada has the lowest number of housing units per 1,000 residents of any G7 country. The number of housing units per 1,000 Canadians has been falling since 2016”, right when the Prime Minister took office.
Why has the Prime Minister continually given billions of dollars to municipal government gatekeepers but blocked the construction of Canadian homes?
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