O'Toole says Canadian housing prices, inflation turning into 'economic crisis'

Conservative Leader Erin O’Toole on Wednesday questioned Deputy Prime Minister and Minister of Finance Chrystia Freeland on Canada’s housing prices, which have increased rapidly during the COVID-19 pandemic. O’Toole said the housing prices and the country's inflation rate, which climbed in May to its largest yearly increase since 2011, are turning into an "economic crisis."

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