Madam Speaker, I think it is very positive when we can see a lowering of the interest rates on credit cards or anything else. I think that has really helped people to purchase homes. However, what is positive can also be negative, because credit card rates will increase if the rates increase also, so it goes hand in hand. This budget is leading us toward inflation. That would lead to higher credit card rates and other problems, including higher mortgage rates. That is a big concern.
In the House of Commons on April 21st, 2021. See this statement in context.