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Decentralized Democracy

House Hansard - 236

44th Parl. 1st Sess.
October 20, 2023 10:00AM
Context: House Hansard - 236 - Oct/20/23
Mr. Scott Aitchison (Parry Sound—Muskoka, CPC)
  • Oct/20/23 11:33:45 a.m.
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Mr. Speaker, I think the government maybe misses the point. Canada has 20 times the land and half the people of France and it is still cheaper to buy a house in France. Of course, after eight years of the Prime Minister's inflationary deficits, mortgage costs have doubled. In 2015, the average mortgage payment was $1,400. Today, it is over $3,500, and now half of Canada's housing markets are severely unaffordable. When will the NDP-Liberal coalition finally end its inflationary deficits so Canadians can afford to keep their homes?
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Context: House Hansard - 236 - Oct/20/23
Mr. Eric Melillo (Kenora, CPC)
  • Oct/20/23 11:35:06 a.m.
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Mr. Speaker, a recent survey has found that nearly 70% of millennials and those who are younger have put off the purchase of a home because of rising prices and rising interest rates. After eight years of the NDP-Liberal government, this is its legacy: inflationary deficits that are driving up the cost of living and making housing out of reach for many young people across the country. It is clear the Prime Minister is not worth the cost, so why does he not finally listen to our common-sense approach to stop his inflationary spending so that Canadians can afford a home again?
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Context: House Hansard - 236 - Oct/20/23
Mr. Eric Melillo (Kenora, CPC)
  • Oct/20/23 11:36:22 a.m.
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Mr. Speaker, Canadians do not have the funds to put into a savings account because of the cost of living crisis the government has created. The member mentions building homes. We do not have enough home building in this country to keep up with demand. After eight years of the government, housing prices have skyrocketed. They have actually doubled. Mortgage rates are up, and young students and young professionals have given up completely on their dream of home ownership. I ask this again: When will the Liberals finally stop their inflationary spending so that young people can afford a home?
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Context: House Hansard - 236 - Oct/20/23
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Oct/20/23 11:37:54 a.m.
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Mr. Speaker, Bloomberg just reported on a recent survey that shows how much Canadians are struggling after eight years of the NDP-Liberal government's inflationary spending. Sixty-five per cent of Canadians now say they are concerned about saving for retirement, and 63% are concerned about how to prepare for an unexpected financial event. It means less savings, more concern, more risk. The Prime Minister is just not worth the cost. When will the Prime Minister end his inflationary spending so Canadians can plan for their future again?
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Context: House Hansard - 236 - Oct/20/23
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Oct/20/23 11:39:07 a.m.
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Mr. Speaker, speaking about misinformation, that response has nothing to do with what is actually happening in people's lives. The latest MNP consumer debt index shows that 51% of Canadians are $200 or less away from not being able to complete their financial obligations. “Facing a combination of rising debt carrying costs, living expenses and concern over the potential for continued interest rate and price hikes, many [Canadians] are stretched uncomfortably close to broke.” This is Canada after eight years of the NDP-Liberal government. When will the Prime Minister stop his inflationary spending so Canadians can afford to live again?
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