Hon. Marc Gold (Government Representative in the Senate): Thank you for your question. The position of the government is simply this: It has made investments in Canadians, our businesses and our infrastructure in order to assist Canada in going through these challenging economic times. Those investments have been successful in keeping our economy resilient and in maintaining Canada’s economic status and position.

The Government of Canada is also providing assistance and will continue to work to provide assistance to those who are facing challenges in obtaining and/or retaining their houses. It is the position of the government that their investments are not the cause of the high interest rates that are befalling not only this country but others as well.