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House Hansard - 208

44th Parl. 1st Sess.
June 7, 2023 02:00PM
Context: House Hansard - 208 - Jun/7/23
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Jun/7/23 2:18:44 p.m.
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Mr. Speaker, 46% of Canadians say they are in worse shape financially than they were last June, according to a new Angus Reid poll, and three in 10 people are struggling to get by. Meanwhile, 54% of renters and 45% of mortgage holders say they are finding their monthly payments for housing either tough or very difficult to manage. This morning, the Bank of Canada raised interest rates again in an attempt to slow Liberal made-in-Canada inflation, yet the Liberal budget will continue to cause high inflation, keeping interest rates high and squeezing families with several tax increases. It has no plan to balance in the years to come and adds more than $60 billion in new spending, which will cost $4,200 per family. Canadians cannot afford the Liberals' inflationary deficits; food, housing and personal debt have all hit record highs. The Prime Minister must give Canadians a plan to end inflationary deficits to bring down inflation and interest rates. However, if he will not, a Conservative government will.
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