Mr. Speaker, I was interested to hear the member for Parkdale--High Park talk about high interest rates and their impact.
In my community of Hamilton, and in Hamilton East particularly, I have been talking to people regarding the impact on companies. I had the owner of one company say that by December he would be finished, which would mean 276 jobs lost and that was unless the dollar dropped by 15%.
I presume the same impact is happening in Toronto.