Poilievre calls on Trudeau to recall MPs to Ottawa to address the housing crisis

📆 8/23/2023 9:51 PM
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Conservative Leader Pierre Polievre is calling on Prime Minister Justin Trudeau to immediately recall MPs to Ottawa to address the housing crisis. Poilievre says he is offering solutions to solve a problem he accuses the prime minister of creating. Trudeau says his government is focused on bringing together all orders of government to find solutions.

that Canada runs the highest risk of mortgage defaults among advanced economies.

"As this share increases over the coming quarters, more households will face higher debt-service costs. Mortgage holders with variable-rate fixed payments could be particularly exposed. As these borrowers renew their mortgage and return to their original amortization schedule, they could face large increases in payments," says the report.

Prime Minister Justin Trudeau speaks to reporters as cabinet members look on during the Liberal cabinet retreat in Charlottetown, P.E.I. on Wednesday, August 23, 2023.

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