Hon. Yonah Martin (Deputy Leader of the Opposition): Senator Gold, I raised with you in June the IMF warning that Canada has the highest risk of mortgage defaults among advanced economies. Statistics Canada reported today that mortgage interest costs in September went up a staggering 30.6% year over year. This was the main contributor to inflation last month. It’s no wonder that Canadians are increasingly worried about keeping up with their mortgage payments and keeping their homes.

Will the Trudeau government stop the inflationary deficits that are fuelling high interest rates to keep Canada from a mortgage default crisis?