Mr. Speaker, I am a former math teacher and business person. One of the things that we always talked about was the effect of interest rates, as far as the economy was concerned, and how the general lives of individuals were going to be affected. If we look at the amount of debt that individuals have at this point in time and then look at the incredible amount of debt the federal government is looking at, I think we can realize the issues of concern and problems.
If we look at what happened during the days of the other Trudeau government, we had a 22% interest rate. It devastated this country. The target used to be 2% and now we see that it is 3.4%. All we have to do is a little bit of calculation on someone's mortgage to see what happens when the interest rate is doubled. That is a problem that all Canadians will have to sort out if we do not get this under control.