Mr. Speaker, my hon. colleague talks about household debt, and yes, household debt is a concern. The majority of that debt is in mortgages. That is an investment that will be going up in value over the years. With low interest rates, Canadians are able to afford that.
We have also been cautioning Canadians that interest rates will eventually go up, and they should be prepared for that scenario. When it comes to the actual net worth of Canadian families, Statistics Canada found that the median net worth of Canadian families has actually risen by almost 45% since 2005. This is a significant improvement in the wealth of Canadian families, who are benefiting from the policies of our Conservative government.
The proof is in the numbers. We have lowered taxes over 160 times, and the average Canadian family will have $3,400 more in its pockets this year than it would have had under the previous government.