Mr. Speaker, the Prime Minister's plan is to increase mortgage payments by 150%, which he has already done. Now, Scotiabank says that government deficits have added two percentage points to interest rates. That works out to $700 a month, or $8,400 a year, in higher mortgage payments linked directly to deficits, including the massive deficits by the government.
A year ago, the government promised a balanced budget. It broke the promise six months later. Will it come back tomorrow with a plan to balance the budget so we can bring down interest rates and inflation so Canadians can keep their homes?