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Decentralized Democracy

House Hansard - 147

44th Parl. 1st Sess.
December 13, 2022 10:00AM
  • Dec/13/22 2:36:28 p.m.
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Mr. Speaker, Canadian households now owe $1.83 for every dollar of disposable income they have. That is what Statistics Canada says. The amount that Canadians owe got higher while the value of their assets declined, with the bank's seven consecutive rate hike this year. Even the bank governor said that deficits were increasing inflation. That, in turn, leads to those higher interest rates. Now Canadians are stuck with the biggest bills they have ever seen. The more the government spends, the more things cost. When will the Liberals stop making Canadians pay for their wasteful spending?
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