Madam Speaker, the OECD says that, in the G7, Canada has the biggest gap between housing prices and wages.
The finance minister said that her plan to bring down inflation is working, yet it has soared to 4%. Mortgage interest costs have also soared now to 31%. It is no wonder Mortgage Professionals Canada's recent survey showed that 48% of young people say they have given up on ever owning a home. The NDP-Liberal government's spending is driving up inflation, which is driving up interest rates, which is driving up mortgage interest costs.
Will the Prime Minister finally stop his inflationary spending so Canadians can keep a roof over their head?