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Decentralized Democracy

House Hansard - 306

44th Parl. 1st Sess.
May 1, 2024 02:00PM
Context: House Hansard - 306 - May/1/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • May/1/24 3:09:12 p.m.
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Mr. Speaker, families are already living in austerity. The government is living in abundance. The people are poor, the government is rich. The more the government spends, the more Canadians pay. Interest rates are high, and the government's spending and borrowing are driving them even higher. Have finance department officials briefed the Prime Minister on how much higher borrowing an additional $300 billion will drive up interest rates on families' mortgages?
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Context: House Hansard - 306 - May/1/24
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • May/1/24 3:14:20 p.m.
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Mr. Speaker, the Leader of the Opposition is mixing different factors that are facing Canadians. Mortgages are high for Canadian families, and therefore the Canadian government is choosing to invest in measures that are going to support Canadian families. I talked to a family from Burlington who actually saw their mortgage payments go up because of the rise in global interest rates, while at the same time their child care fees were cut by larger amounts because of investments this government made. We are going to continue to be there for Canadians while the Conservative leader wants cuts.
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