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AUSTERITY & CUTS are exactly what Canadian families are living today (Question Period, 21 Nov 2023)
1 year ago
2
"Austerity and cuts are exactly what Canadian families are living today. Seven million of them are cutting meals because they can't afford food prices after he's inflated them. And many are cutting homes and forced to live in tents because mortgage rates have risen so fast under this prime minister's deficit.
...
Scotiabank now calculates government deficits are adding two full percentage points to the rates. That's $700.00 per month in higher mortgage payments next year, 900 billion. Over the next three years, $900 billion of new mortgages, or 2/3 will come up for renewal. We risk a massive default crisis. Will the Prime Minister announce a plan to balance the budget to bring down mortgage rates so Canadians can keep their homes?"
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