Mr. Speaker, the Bank of Canada announced another interest rate increase today, and it is going to mean a lot of pain for Canadian families. With the increase in interest rates, we know that many families are going to see an increase in their mortgage payments of over $1,000. That is not something most Canadian families can afford to pay in addition to the budgets they are dealing with right now.
So far, the approach to inflation has been to put more pressure on the backs of Canadians. When will the Prime Minister find a way to tackle inflation that does not create pain for workers but actually provides them the support and respect they need?