Mr. Speaker, in 2015, The New York Times reported that Canada had the richest middle class in the world. Just a decade later, our country is in an economic tailspin. What happened in 2015 was that the Liberal government took power, and many of its current ministers, including the finance minister, were elected. Here is where we are today: During an epic housing crisis, 99% of CMHC executives got bonuses, averaging $43,000.
How is that okay? How is it that Canada, under their watch, went from the richest middle class in the world to a country where many middle-class Canadians cannot afford housing?