Mr. Speaker, homeowners refinance their homes for many reasons, to invest in a small business, for a home renovation project, to get through an extended strike or lock-out, or even a divorce, but at the finance committee we learned that the Liberals have cancelled CMHC insurance for those who want to refinance their homes. These changes have resulted in Canadians paying higher interest rates when refinancing their mortgage. These changes were imposed with zero consultation.
Why are the Liberals hurting struggling Canadian homeowners by hiking their interest rates?