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View Louise Chabot Profile
BQ (QC)
Thank you.
Mr. Taylor, you talked a lot about mortgages. One of your recommendations is to extend the deferral period for mortgage payments by at least six months. Could you tell me how you came up with your assessment of the required period? Do you know how many Canadians have asked for this deferral?
Furthermore, are you not concerned that, when interest rates are very low, household debt is high? Actually, household mortgages can account for as much as three-quarters of a household's debt.
How can your proposal be reconciled with the fact that 8.6 million unemployed men and women in Quebec have asked for emergency assistance? Don't you see a danger there?
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