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Decentralized Democracy

House Hansard - 108

44th Parl. 1st Sess.
October 5, 2022 02:00PM
  • Oct/5/22 8:39:40 p.m.
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  • Re: Bill C-31 
Mr. Speaker, I am happy that my hon. colleague from British Columbia talked about the rental aspect of this legislation. I was talking with a constituent of mine, and we were trying to understand how significant the one-time $500 payment is. This family purchased a new home but was budgeting at a lower interest rate. In the meantime, interest rates have gone up 2.5% to 3%, which made a difference of $700 in their monthly payments. That is an inflationary cost. I wonder if the member could comment on the importance of managing inflation and getting it under control, and how beneficial that would be for working-class people and poorer families that need dental care.
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