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Decentralized Democracy

House Hansard - 219

44th Parl. 1st Sess.
September 18, 2023 11:00AM
  • Sep/18/23 2:31:00 p.m.
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Mr. Speaker, after the summer the Liberals have had, even the Prime Minister must admit that he is not worth the cost. Eight years after he promised to make housing more affordable, he doubled the cost: doubled the rent, doubled mortgage payments and doubled the needed down payment. Then he said that housing is not his job. Then he panicked when he plummeted in the polls, and he recycled promises he had broken six years earlier. It took him eight years to cause this housing hell. How long will it take to fix it?
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  • Sep/18/23 2:33:21 p.m.
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Mr. Speaker, all he has delivered is an economy that built fewer homes last year than were built in 1972. This year, housing construction is expected to drop further, by 32%. Data from August showed that home building was down again. His inflationary deficits drive up interest rates, which makes it harder for builders to finance their construction and harder for Canadians to afford a mortgage. Will he finally do what he promised to do eight years ago, and that is to balance the budget to bring down interest rates and inflation?
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  • Sep/18/23 2:59:09 p.m.
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Mr. Speaker, after eight years, the Prime Minister and his coalition with the NDP are not worth the cost. Housing is worse than ever and worse than anywhere; after years of inflationary deficit, Canadians are getting crushed with housing costs. Mortgage payments are up 151%. That is more than 3,500 bucks a month. In Toronto, it used to take 25 years to pay off a mortgage; now it takes 25 years to save for a down payment. Will the Prime Minister end the wasteful spending and eliminate the inflationary deficit so that Canadians can keep a roof over their heads?
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  • Sep/18/23 3:02:57 p.m.
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Mr. Speaker, does the Minister of Finance know that mortgage payments for an average home are now $3,560 a month? That represents a 151% increase since the Prime Minister took office. In the Liberal ridings of Montreal, people need to earn at least $113,500 a year to even hope to buy a home. These increases are the direct result of this Liberal government's inflationary policies. Will the government commit to stop running inflationary deficits so that home ownership is not just a dream?
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  • Sep/18/23 3:09:08 p.m.
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Mr. Speaker, after eight years of this government, mortgage rates have jumped by 151% to $3,560 a month. Back in 2020, the Prime Minister said, “We took on debt so Canadians wouldn't have to”. Today, however, Canadians and Quebeckers are finding it harder than ever to make ends meet. When will the Prime Minister stop his wasteful spending and eliminate the inflationary deficit so that Canadians can keep a roof over their heads?
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