Mr. Speaker, there is going to be a wave of mortgage renewals in the coming months. The Royal Bank of Canada, for one, will be renewing 41% of its mortgages. Non-stop interest rate hikes will make that difficult. Inflation is driving mortgage costs up by 30% every month. After eight years of the Prime Minister, everything is broken.
Can he explain to people how they are supposed to pay their mortgage and not end up homeless?