Mr. Speaker, since January 2022, interest rates have risen nine times. Everything costs more, including groceries and heating. Now we are getting another cold shower: another increase in mortgage payments.
Families have to cut back on groceries in order to survive and continue making the payments on their mortgage. Their house is their main asset. The Liberals told them that when rates are low, it is time to borrow. What great advice.
What does the Prime Minister have to say to these many families who are struggling to make ends meet?