Discussion · Government Orders

Kevin Waugh Conservative

“Life is too expensive right now. Interest rates have doubled, mortgages are up, and farmers face record diesel prices. We need to pass this bill because it will make gas more affordable.”
  • Question or comment in debate

    Signal 37 of 100

    Much of this statement went to praise, blame, greetings, routine procedure or general stories rather than reasons, requests or specific points.

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Official Hansard

Mr. Speaker, the hon. member from Skeena—Bulkley Valley made a number of great points this morning. I was talking with a staffer. They had a five-year mortgage term ending at 1.92%, but unfortunately, five years later, now it is over 4%, so we are talking affordability. The Liberals continue to borrow at record rates. There has been a doubling of the interest rate, and a staffer was discussing, in her conversation, the affordability issue. The legislation would help. There is no question that Bill C-38 would help with the affordability of gas. I hear it in my province, because farmers are dealing with diesel and its record prices. However, I just want to talk about the hon. member’s experience with young people and the affordability issue.

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