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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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