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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 3:01:00 p.m.
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Mr. Speaker, after eight years of the Prime Minister, it now takes well over 60% of a family's pre-tax income to make monthly payments on an average house. That is mathematically impossible, but it is possibly about to get worse. The Prime Minister's inflationary deficits are driving up interest rates faster than at any time since any of us have been alive. This means that Canadians could face 40% increases in their monthly payments. There may be another bank rate increase this summer that could push Canadians to bankruptcy. Before Canadians lose their homes, will he get rid of his inflationary deficits to bring down those terrible mortgage rates?
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