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Decentralized Democracy

House Hansard - 309

44th Parl. 1st Sess.
May 6, 2024 11:00AM
Context: House Hansard - 309 - May/6/24
Mr. Jasraj Singh Hallan
  • May/6/24 12:46:30 p.m.
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Madam Speaker, nothing is sustainable right now. It is these high interest rates that are stopping builders from building and buyers from buying. In fact, it is these high interest rates where, now, 2.2 million mortgages are up for renewal. There is a mortgage default crisis looming, according to the IMF. That is literally what is keeping builders from building and people from getting into homes in the first place. It is too bad. The Bloc is continually supporting the government and—
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Context: House Hansard - 309 - May/6/24
Mr. Pierre Paul-Hus (Charlesbourg—Haute-Saint-Charles, CPC)
  • May/6/24 2:36:24 p.m.
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Mr. Speaker, Quebeckers are struggling. They are being hit hard by mortgage renewals. Mortgage rates are high, mainly because of the Prime Minister's chaotic management of the public purse, with the support of the Bloc Québécois. Over the past nine years, the Bloc Québécois has supported and voted in favour of additional spending of over $500 billion. That includes a June 2022 vote on $115 billion to be used in part for pipelines. People should take note that the Bloc Québécois voted in favour of pipelines. Will the Liberals and the Bloc Québécois take responsibility for the sharp rise in mortgage rates and the cost of living?
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