Mr. Speaker, after nine years of the NDP-Liberal Prime Minister, more Canadians are now going hungry and homeless.
The latest annual risk outlook from OSFI highlights that 76% of mortgages will come up for renewal by the end of 2026. Now, the Prime Minister's high mortgage rates are creating misery for Canadian homeowners. Again, the Liberal government's own bank regulators are flashing red stop signs. The Bank of Canada governor has said that out-of-control federal spending is not helpful.
How much more mortgage payment pain will Canadian families have to face and endure to satisfy the NDP-Liberal government's big government spending?