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Decentralized Democracy

House Hansard - 139

44th Parl. 1st Sess.
December 1, 2022 10:00AM
  • Dec/1/22 2:17:55 p.m.
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Mr. Speaker, everything in our country seems to be broken since the Liberal government took office in 2015. The government's reckless spending has led to a 40-year-high inflation rate, 6.9% just this month, and Canadian families simply cannot absorb those rising costs. Instead, 1.5 million Canadians a month are having to use a food bank and one in five Canadians are skipping meals; nine in 10 Canadians are now tightening household budgets; and the average credit card balance held by Canadians was at a record high of $2,121 by the end of September. The RBC estimates that households will soon have to allocate 15% of their income to debt servicing alone. The government needs to take this inflation crisis seriously. It needs to cap government spending and inflationary deficits, and bring inflation down now.
140 words
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