Ottawa (Ontario) — After 9 years under the NDP-Liberal, life is more expensive than ever. The cost of housing has doubled. Canadian families will pay an average of $800 more for food than last year. Canadians have been forced to take on more debt, simply to put food on the table and a roof over their heads. Now a shocking report from MNP reveals just how bad the situation has become.
50% of Canadians are now $200 or less away from being able to pay their bills (up 8% from last year). 41% fear that someone in their household will lose their job (an all-time high). 50% worry about their ability to repay their debts.
This was not the case before the NDP-Liberal government. The final result of MNP’s Consumer Debt Index is the second worst on record (the first being 2022). Since NDP-Liberal money printing led to rampant inflation, 65% of Canadians say they desperately need interest rates to go down, and 50% say that even if rates go down, they won’t still unable to pay their bills. But the good news is that the situation will no longer be the same after the departure of the NDP-Liberal government. Only common-sense Conservatives will cut the taxes that make life so unaffordable for Canadians.
Canada
