SoVote

Decentralized Democracy

House Hansard - 317

44th Parl. 1st Sess.
May 24, 2024 10:00AM
Context: House Hansard - 317 - May/24/24
Mr. Gérard Deltell (Louis-Saint-Laurent, CPC)
  • May/24/24 11:23:19 a.m.
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Mr. Speaker, their plan is working so well that I have to describe what is happening in my community of Loretteville. It is an unusual situation, something I never thought I would see in my lifetime. Someone from Loretteville posted the following message online: “I was wondering if someone could trade me two or three home-cooked meals for some work. I can fix pretty much anything”. After nine years of this government, a man has to ask his neighbours for food. Does the government realize that we are in this situation because it has racked up deficit after deficit, doubled the debt and raised taxes?
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Context: House Hansard - 317 - May/24/24
Mr. Peter Fragiskatos (Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities, Lib.)
  • May/24/24 11:32:20 a.m.
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Mr. Speaker, at any point in time, a democracy is bound to face risk, particularly in the difficult economic environment that we face domestically and internationally. To echo my colleague who just spoke on this side, a AAA credit rating was affirmed recently by Moody's, which said we have the best fiscal record in the G7 and the lowest debt and deficit in the G7. Those are foundation points that will carry us through difficult times. It is a hard time for Canadians. The member talks about the Canadians who want to renew their mortgages. Where were the Conservatives over the years? We wanted to support Canadians. They were never there.
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Context: House Hansard - 317 - May/24/24
Mr. Tom Kmiec (Calgary Shepard, CPC)
  • May/24/24 11:36:53 a.m.
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Mr. Speaker, that overheated and over-the-top rhetoric is cold comfort to homeowners who are facing hundreds of dollars per month of increased mortgage costs because of the Liberal government's decisions during the pandemic. The Liberals doubled the national debt and increased spending by $600 billion over that time period, which led to higher mortgage interest costs at the same time that the Prime Minister was saying that interest rates would never go up, that they were so low and they would continue. Mortgage holders listened to the Prime Minister. They took out more mortgages and now they are facing higher mortgage rates, rates so punishing they will have a hard time paying. When is the NDP-Liberal Prime Minister going to learn his lesson? Is he going to give homeowners a break on these mortgage rates?
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