Mr. Speaker, yesterday I asked why the Liberals took away CMHC insurance when Canadian families refinance their mortgages. The talking point in response was about the mortgage stress tests and long-term affordability. My question had nothing to do with stress test changes. It is alarming that Liberals do not seem to know the difference between stress test requirements and taking away CMHC insurance for those who refinance.
Increasing interest costs on refinanced mortgages hurt middle-class Canadians and hurt affordability. Will the Liberals reverse this punitive and damaging change?