Mr. Speaker, did the Prime Minister say, “erroneous fears”?
Tonight families will sit down with their kids at the dining room table to say, “Sorry, we have to sell the house because mortgage payments are going to go up by as much as $1,500 per month”. That is not from me. That is according to the Bank of Canada, which predicts a 40% increase in mortgage payments. People cannot pay $1,500 more in mortgage payments. They have only $200 left in the bank at the end of the month.
Will the Prime Minister acknowledge that these are real fears by real people and stand on their side?