Mr. Speaker, for first-time homebuyers, the dream of home ownership has become a nightmare of debt and default. New Liberal housing data shows that nearly one in five new homeowners has missed a mortgage payment, one in four is using debt to pay for debt and over 60% are concerned they will not be able to make any payments at all.
With no budget and no plan in sight, but over half a trillion in new proposed spending, can the Minister of Housing and Infrastructure tell first-time homebuyers how much their mortgage payments will increase because of the government's inflationary spending?