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Decentralized Democracy

House Hansard - 311

44th Parl. 1st Sess.
May 8, 2024 02:00PM
  • May/8/24 2:53:56 p.m.
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Mr. Speaker, since he implemented his big spending plan, interest rates have skyrocketed. Doubling the national debt inflates interest rates. Who could have foreseen this? In fact, anyone could have. Any plumber or mechanic could have told him that this is always what ends up happening. That is why Canada has the worst mortgage debt and housing costs in the G7. Will he finally follow my common-sense plan to have a dollar of savings for every dollar of new spending to reduce interest rates and inflation?
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