SoVote

Decentralized Democracy

House Hansard - 317

44th Parl. 1st Sess.
May 24, 2024 10:00AM
Context: House Hansard - 317 - May/24/24
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • May/24/24 11:33:01 a.m.
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Mr. Speaker, in 2020, the Prime Minister's own bank governor said interest rates are very low and they are going to be low for a long time. This week, OSFI reported that mortgage holders will face a payment shock because of high interest rates. They said the shock will be the worst for those who took low mortgage rates in 2020. Words matter. After nine years of the NDP-Liberal Prime Minister misleading Canadians, will he finally admit he is not worth the cost to homeowners?
87 words
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  • Rabble!
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Context: House Hansard - 317 - May/24/24
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • May/24/24 11:34:21 a.m.
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Mr. Speaker, also in 2020, the Prime Minister said, “Interest rates are at historic lows Glen.” Millions of people took out low-interest mortgages. Tuesday, his own bank regulators reported that homeowners renewing mortgages will now face a payment shock because of the high mortgage rates they got in 2020, increasing the risk of default. After nine years of the NDP-Liberal Prime Minister misleading Canadians, will he finally admit he is not worth the cost to people who are losing their homes?
85 words
  • Hear!
  • Rabble!
  • star_border