October 10, 1979 (31st Parliament, 1st Session)

Mr. Lloyd Axworthy (Winnipeg-Fort Garry):

Mr. Speaker, I also have a question for the Minister of Finance, who is enjoying his small deficits. In view of the fact that since his government came to power the carrying costs on a $60,000 mortgage have gone up by $1,500, which totally cancels out any benefits under his proposed mortgage credit plan, is the minister prepared to withdraw that plan and revise and amend it so that we will have a plan which will reduce mortgage interest rates so that Canadians can buy homes?