Mr. Speaker, yesterday evening, hundreds of thousands of families in Quebec and Canada had a very difficult conversation at the supper table.
The question was this: Will we be able to keep our house? The Bank of Canada increased the policy rate for the ninth time in just under a year, which means that interest rates will rise. The government rightly pointed out that mortgage payments are going to go up by 40%. There is one thing that the government could do to reduce inflation and that is to control spending.
Why does it not do that?