Scary News: After 8 years of Trudeau, Canadians now face the greatest risk of mortgage defaults. Today, Conservatives are asking for an emergency debate. We need to stop the Liberal deficits that are driving mortgage interest rates up even higher. #cdnpoli
@AndrewScheer Andy 🤡 wants a debate. Because some folks got in over their heads, mortgaged to the max. Obviously Andy 🤡 wasn't old enough to have a home mortgage back in 1980-81 when commercial lending rates were over 20%. I was. Locked in for 5 years before the increases. It passed too.
@AndrewScheer Let's take a little trip down memory lane, shall we Andrew? This was Canada the last time we had a Conservative Govt. thestar.com/opinion/commen…
@AndrewScheer Mortgage defaults are resulting from the pandemic, not the government spending! If people retained learning about budgeting in school they wouldn’t be in default on their mortgages!
@AndrewScheer How are you going to fix the fact houses are 2x the price they should be??
@AndrewScheer Definitely a cause for alarm ⏰️!
@AndrewScheer But you wouldn't have done anything differently and you don't have a plan to deal with inflation anyway... other than pray it away. Come back to us when you actually have a plan... want my vote, show me the plan! Stopping inflation HURTS
@AndrewScheer Infact they are letting people hold on to asset which they cannot afford. Clear case of market manipulation. Pushing the can down the road till they lose and put entire blame on the new govt.