Madam Speaker, while we are discussing what we renamed the SES, the summer economic statement, Canadians are experiencing the worst cost of living crisis in 40 years, due to a lack of affordable housing, the carbon tax, and record-smashing food bank use and grocery prices. Canadians have always had common sense. When Canadians look at their own expenses, they budget. They stretch dollars. They choose whether they go on vacation or whether the kids go to after-school activities. They go to a grocery store and have to budget what they are buying. They have to look at practical solutions to everyday challenges with resilience and resourcefulness.
However, common sense is like deodorant; the ones who need it the most never use it. With respect to this level of government, Canadians are shaking their heads in disbelief because of the lack of common sense on the opposite side of the aisle. This is the greatest country in the world. We have great people, innovative minds, great institutions and hard workers. We have resilience. Canadians invented peanut butter, the zipper, the Ski-Doo and the Sea-Doo, but common-sense approaches have become rare commodities.
In 2015, among the Liberal campaign promises was the promise to help the middle class and those looking to join it, as well as tax cuts for the middle class. What do we see now? We see more people who are out of the middle class. We see tax increases. The carbon tax alone went up 23% on April 1. More people are finding themselves out of the middle class, and more people are finding themselves taxed, as we have a government that lacks common sense.
Look at what the government could do if it looked at the basics. Let us say a dozen people went into the woods to try to start a community. What would be the first things they would do? They would build shelter. They would hunt and find food. The community would make sure it had a place to look after the children and one another, that everyone would be well looked after.
After nine years under the government, more Canadians than ever before are finding that rent has doubled, mortgage payments have doubled and the amount needed for a down payment has doubled. They are finding that grocery prices are $700 more this year alone. Groceries have gone up 24% over the last four years. Look at the cost of heating one's home. All prices for farmers growing their crops have gone up. The government's common sense has just disappeared. Let us look at some examples of its lack of common sense.
The government borrowed $400 billion back in the day when the Prime Minister said that interest rates were at historic lows. When we borrowed $400 billion, the government borrowed it over the short term. The government did not look ahead 20 or 25 years as a family would when looking at a mortgage. The government looked at the short term.
Now the debt is coming up for renewal. Do members know how much the renewal is going to cost us just in 2025? It is going to cost $12 billion, because the government did not have the common sense to look at long-term loans to look after Canadians' money. I wonder how many water bombers we could have bought and had fully crewed to be operating in B.C. right now to look after forest fighters.
Look at NATO and NORAD. They are our trusted allies. NATO and NORAD have asked us for years to contribute our 2%. We even passed a resolution in the House to do so, but we have not contributed. Because of that, we do not have a seat at the table. What happens to international security if we are not at the table? We will also not be at the table when it comes to international trade because our trading partners will work only with partners who work with them for security.
What is happening up north right now? The fact is that we do not have a base. We cannot even land an F-35 fighter in the north right now in Canada? We have jets being purchased, but it has taken 10 years. Remember when we said that the F-35 was too much? The Prime Minister said we were not going to buy it, and nine years later, of course, we are buying it for how many billions more? However, we cannot even land the thing in the north. Finland is buying half as many F-35s as we are, and it has already built a runway to land in the north to defend the northern border.
We talk about icebreakers in the north. We have one barely functioning icebreaker. Do members know how many icebreakers Russia has in the north right now? It has sixteen. Do members know how many China has? It has forty. We did not have the common sense to put any money toward our security or the north, which we really need in order to play our part in NORAD and NATO, on behalf of our allies in the U.S. and, of course, just for our security.
We have talked about drugs in hospitals. We are saying that smoking crack at a hospital or bringing in a weapon should be outlawed. More importantly, I visited Millhaven maximum security prison in Kingston only two weeks ago; three inmates there were high on drugs.
After nine years, we have mergers and more mergers under the government. We talk about competition. Part of the bill is about competition. However, under the government's watch, the merger of HSBC and RBC was approved. Because of that, mortgage rates have gone up. HSBC used to have a mortgage rate that was 1% lower than RBC's offering. Right now, that is costing the average taxpayer, who has a $500,000 mortgage, $300 more a month because that merger was approved.
We had WestJet buy Sunwing. Only a couple of months later, it was announced that Sunwing was going to shut down. There is only one competitor in the west. Sometimes it is Air Canada; most of the time it is WestJet. We had Rogers buy Shaw. What happened two months ago? It was announced that cellphone prices were to go up nine dollars a month. When we look for competition, it is not there.
The bill would bring in some aspects of competition. Thanks to the Competition Bureau, and dare I say, some amendments by the NDP, we are going to look at ensuring that we have no mergers approved that have a market share of over 30%. At the end of the day, the government has approved more mergers.
Open banking is probably the closest thing we can have to actual competition coming to one of our oligopolies right now. Open banking in Canada would open up the doors for Canadians to bring them financial freedom. One example is this: If Canadians have a Wealthsimple account, they have to screen scrape and find different ways to get through it. The government makes it really difficult for people to try to use a new banking app. This app right now pays Canadians 5% on their cash balance daily. What is the average bank interest rate right now? It is 0.2%. I think if someone had $10,000, over 10 years, they could make $100. Competition is freedom for Canadians. Open banking was not in the fall economic statement or in the new budget, to make that a reality for Canadians.
We are talking about no common sense. The government has hired 100,000 employees, a 40% increase since 2015. However, it takes 58 days to get an email back from CRA, compared with 43 days in 2015. Someone should try getting a passport. There has been no efficiency. There is more government and less efficiency.
On housing, the $4.4-billion housing accelerator has not built one home. We have a lack of skilled trades. Here is my favourite stat from last year, as we are talking about no common sense. We brought 1.3 million immigrants to Canada, new Canadians, permanent residents and TR. Do members know many home builders we brought last year? It was 4,300, and we wonder why we have a housing shortage.
We need immigration. Our birth rates are extremely low. We need people to come in, but when we are looking at immigration, let us make sure we are also looking at building homes first, so we have a place for people to go and house prices do not go sky-high. We even had the member for Winnipeg North say that MAID has saved lives. That was a statement used. There is no common sense.
Another one of my favourite examples is that the government has cut the budget to the Information Commissioner at a time when access to information is at an all-time low. The Ethics Commissioner had their salary cut when the workload has never been higher. Common sense is not common. Canadians have common sense, but the government does not.
It will only be in electing a common-sense Conservative government that we once again restore common sense to Canada and to Canadians. Of course, we will axe the tax, build the homes, fix the budget and stop the crime. We are also going to create competition for a change, for my home, for everyone's home, for our home. Let us bring common sense home.