Mr. Speaker, also in 2020, the Prime Minister said, “Interest rates are at historic lows Glen.” Millions of people took out low-interest mortgages. Tuesday, his own bank regulators reported that homeowners renewing mortgages will now face a payment shock because of the high mortgage rates they got in 2020, increasing the risk of default.
After nine years of the NDP-Liberal Prime Minister misleading Canadians, will he finally admit he is not worth the cost to people who are losing their homes?