Mr. Speaker, a sucker punch is what Canadians received from the Prime Minister. He promised them low interest rates for a long time. He said that debt was without consequence and that the budget would balance itself. None of those things came true, and interest rates are now 19 times higher than they were a year ago.
The Governor of the Bank of Canada, the former Liberal finance minister and countless other experts agree that the Prime Minister's deficits are ballooning inflation and, therefore, interest rates.
Families have to plan their finances. Will the Prime Minister indicate by how much the average family will see monthly mortgage payments go up over the next three years?