With regard to government projections on the impact of inflation and rising interest rates on homeowners: (a) what are the government's projections and analysis related to the impact that higher prices on essential goods, due to inflation, will have on the ability of homeowners to make mortgage payments; (b) does the government have any estimates on how many homeowners won't be able to make their mortgage payments as a result of inflationary pressures, and, if so, what are the estimates; (c) does the government or the Canada Mortgage and Housing Corporation have any projections related to the average increase in mortgage payments as a result of future interest rate increases, and, if so, what are the projections; and (d) does the government have any estimates related to the number of homeowners who will be unable to afford their mortgages as a result of future interest rate increases and, if so, what are those estimates?
In the House of Commons on January 31st, 2022. See this statement in context.