Mr. Speaker, anyone who took out a five-year, $500,000 variable rate mortgage in 2021 is now paying up to $24,000 more in interest a year. This is around the time the finance minister was telling everyone to borrow as much as they wanted because interest rates would be low for a very long time. What borrowers did not expect was for her to pour hundreds of billions of dollars of fuel on the inflationary fire, giving them the most rapid interest rate hikes seen in the last three decades. After eight years of the Liberals' incompetency, they are just not worth the cost anymore.
When will the Prime Minister finally balance the budget so interest rates can come down and Canadians can keep a roof over their heads?