Madam Speaker, the hon. parliamentary secretary talked about the enviable position we have in Canada. She touted good news for property owners renewing their mortgages. However, because of the policies of the Liberal government, a Canadian renewing, say, a five-year fixed-term mortgage in September today versus someone who had a mortgage in September 2019 could be paying between $500 and $1,000 more in monthly mortgage payments for the same house. That is for an average house in Canada, depending on where someone lives. I do not know that this is good news for anybody, and it is in a context of record food bank usage and unemployment that is 1% higher than it was five years ago at the same time.
I would love the hon. member to explain how that is good news for people renewing their mortgages.