Mr. Speaker, let us take a look at what some of those experts are saying. Those experts are predicting that interest rates are going to go up.
Nesbitt Burns said that with the passage of the two budget bills, the Bank of Canada would have no choice but to raise interest rates. Marc Lévesque, a senior strategist with TD Securities, said that the lavish spending promises made by the Prime Minister to win the support of the NDP would push the Bank of Canada to raise interest rates more quickly.
Instead of punishing ordinary Canadians, will the Prime Minister put the interests of Canadians ahead of his own personal agenda to desperately cling to power?