Mr. Speaker, the Prime Minister claimed that the government would take on debt so Canadians would not have to, forgetting, of course, that it is Canadians who pay all of that debt through their taxes, and now they are paying it because they have the biggest household debt of any country in the G7. In fact, family debt in Canada is bigger than our entire economy, prompting our banking regulator, today, to force banks to take on more of a rainy day fund to face down future defaults that they expect will rise as a result of growing interest rates.
The Prime Minister's inflationary policies are driving up interest rates on Canadian mortgage holders. Will he balance the budget to bring down inflation and interest rates so Canadians can keep their homes?