SoVote

Decentralized Democracy

Hon. Andrew Scheer

  • Member of Parliament
  • Conservative
  • Regina—Qu'Appelle
  • Saskatchewan
  • Voting Attendance: 61%
  • Expenses Last Quarter: $195,980.34

  • Government Page
  • May/9/24 2:20:56 p.m.
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Mr. Speaker, after nine years of the NDP-Liberal Prime Minister, Canadians are getting poorer. His inflationary deficits are pushing up inflation and interest rates. That is because, when the Prime Minister goes into the markets and borrows billions to fund his spending spree, that bids up the interest rates for everyone else. A new report from the Bank of Canada is shocking. Average mortgage payments will rise by more than 20% in the next couple of years. Where the heck are Canadian families supposed to come up with an extra few hundred dollars just to pay higher mortgage payments for the homes they already own?
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  • Nov/23/23 2:23:24 p.m.
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Mr. Speaker, the Prime Minister's mini-budget was full of bad news for Canadians. Rent is up, taxes are up, prices are up and interest rates are up to fight the inflation his deficits caused. In fact, Scotiabank said that its mortgage rates would be two full percentage points lower if the government could just control its spending. That would be the difference, for hundreds of thousands of Canadians, between losing their homes and being able to renew their mortgages. Does the government realize that time is running out? Will it end its deficit spending so that Canadians can keep their homes?
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  • Sep/21/23 3:19:24 p.m.
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Mr. Speaker, since this is the first Thursday sitting of the House of Commons with a new government House leader, I would like congratulate my counterpart on the appointment. I wish her all the best in this role on a personal level, but maybe not on a political level. I want to thank her for some of the fruitful conversations we have already had. I thought I would ease into the flow of the Thursday question by keeping it rather simple and straightforward. Given the fact that the latest inflation numbers were much higher than expected and the fears of an interest rate hike are coming, and given the fact that so many Canadians cannot afford to make their mortgage payments at existing rates, will the government House leader not just inform the House as to the business for the rest of the week and next week, but inform us of whether the government has any plans to cancel its inflationary deficit spending so that interest rates can come down and Canadians can stay in their homes?
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  • Feb/16/23 2:21:22 p.m.
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Mr. Speaker, eight years of inflationary deficits fuelled by Liberal waste and corruption have caused an incredible hardship for our Canadians. To fight that Liberal inflation, the Bank of Canada has massively hiked interest rates. Higher interest rates mean higher mortgage payments, meaning people have to pay more to the bank just to live in the house they already own. In fact, the average mortgage payment for a typical home in Canada has soared to over $3,000 a month. Will the Prime Minister take responsibility and admit that it was his waste and corruption that is causing this cost of living crisis, or will he get out of the way and let Conservatives fix his mess?
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  • Feb/14/23 2:19:56 p.m.
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Mr. Speaker, this scandal stings taxpayers so much because it comes at a time when housing costs are taking more and more out of Canadian paycheques. After eight years of Liberal deficits, interest rates have risen, meaning homeowners have to pay more to the banks in interest payments just to stay in their own homes. In fact, after eight years of the Liberal government, the average monthly mortgage cost has more than doubled and the average $600,000 mortgage sees interest costs go from $12,000 a year to over $30,000 a year. Again, does the minister think it was a good idea for the Prime Minister to bill taxpayers for one night's hotel stay what homeowners pay in two full months on their mortgages?
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  • Oct/28/22 11:22:56 a.m.
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Mr. Speaker, what we are against is the inflationary deficits that the government is causing. The reason prices are going up today is that the government flooded the banking system with $400 billion of brand new cash, and now Canadians have to pay for it. Again, and these are based on modest estimates from the Canadian Real Estate Association, a typical family in Ottawa will have to come up with an extra $1,000 a month when they go to renew their mortgage. Once again, has the government been briefed on how many Canadian families are going to lose their homes because of the Liberal-caused inflation?
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  • Oct/28/22 11:21:40 a.m.
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Mr. Speaker, the Prime Minister has not answered a question in this House in seven years. We are here answering questions on behalf of Canadians who are struggling to pay their mortgage costs just to stay in their own homes. The typical family in Hamilton who now have to renew their mortgage will have to come up with an extra $1,300 a month, just to stay in the home they are already living in. The Prime Minister said he was going to go into debt so Canadians did not have to. Where should families in Hamilton send the bill for their higher mortgage costs?
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  • Oct/28/22 11:20:12 a.m.
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Mr. Speaker, the Prime Minister told Canadians not to worry about his massive deficits and borrowing and spending, because he said interest rates would stay low for a very long time. Then he turned around and pumped $400 billion into Canada's banking system, causing prices to rise. Now, to fight the inflation the Liberals caused, the Bank of Canada has again jacked up interest rates. For the average mortgage in Vancouver, that means families will have to find another $1,900 a month just to stay in their own homes. Has the government been briefed on how many Canadians will have to turn their keys over to the bank as they struggle to pay these rising mortgage costs?
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  • Oct/27/22 5:09:07 p.m.
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  • Re: Bill C-31 
Madam Speaker, this is the devastating reality that many Canadians are waking up to in the coming weeks and months as mortgages come up for renewal. I have already heard from friends and relatives of mine who maybe had a 2% or a 2.25% interest rate four or five years ago and are now renewing at 6%, 7% or 8%. Many Canadians are going to be faced with the tragic, sad reality that they are going to have to just toss the keys back to the bank, because they will not be able to make those payments. The Prime Minister erroneously said to Canadians that the government was going to go into debt so Canadians did not have to. This is how Canadians are paying for it. They are getting stuck with the bill. The Liberals got the party. Canadians are paying the bill, and the sticker shock on that bill is awful. It is one more reason we should come here with sleeves rolled up and pencils out to be finding new ways to lower the cost of government, rather than finding new ways to borrow money to spend.
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