Important Update | May 9, 2024
The Bank of Canada’s recent report warns of significant increases in mortgage costs for Canadians.
Those with variable rate mortgages may see a whopping 60% hike in their monthly payments.
Even fixed-rate mortgage holders will experience a 20% increase by 2026.
Rising inflation and interest rates are exacerbated by Trudeau/NDP spending, according to the Bank’s Governor.
More Canadians are falling into credit card debt as costs rise.
Trudeau’s excessive spending adds pressure, increasing household debt.
The recent budget introduced $61 billion in new spending, burdening average families with an extra $3,687.
Only Common Sense Conservatives prioritize responsible spending to ensure lower interest rates for Canadians.