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House Hansard - 132

44th Parl. 1st Sess.
November 22, 2022 10:00AM
  • Nov/22/22 2:20:53 p.m.
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Mr. Speaker, this government told Canadians that interest rates would stay low for a long time. As a result, one-third of the mortgages currently taken out by Canadians are variable rate. This means that when interest rates rise, Canadians either pay more or the term of their mortgage increases. According to the Bank of Canada, this is going to cause financial hardship for many families. The government is driving up interest rates with its inflationary deficits. When will the government reverse its inflationary policies, which risk bankrupting families who cannot pay their bills?
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  • Nov/22/22 2:36:31 p.m.
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Mr. Speaker, at least a million Canadians will go without heating their homes this winter. The Liberals do not have an environmental plan; they have a tax plan. They have not met one single environmental target. The Liberals' irresponsible and reckless spending is the cause of this inflationary nightmare. Now they plan to tax their way out of this mess on the backs of Canadians. The people who are least able to afford it will be punished by this tax. Will the Liberals finally admit they were wrong and cancel this cruel inflationary carbon tax on heating?
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