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House Hansard - 144

44th Parl. 1st Sess.
December 8, 2022 10:00AM
  • Dec/8/22 2:16:30 p.m.
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Mr. Speaker, more and more people are finding themselves on edge as they struggle to feed their families during this Liberal-made cost of living crisis. Grocery prices are up by 11%, rising at the fastest pace in 40 years, and are expected to rise another 5% to 7%. One in five families are skipping meals, with 1.5 million people using food banks in a single month. In Ontario, first-time food bank usage is up a whopping 64%. Nine in 10 are tightening household budgets as consumer debt rises 8.2%. The average credit card balance for Canadians is at a record high of $2,100. RBC estimates households will have to allocate 15% of their incomes to just debt servicing alone. As well, earlier this week the Auditor General confirmed what Conservatives have been saying all along, which is that this cost of living crisis has been made worse by the Liberal government’s wasteful spending and absolute refusal to put any controls in place. Canadians are out of money, the Liberals are out of touch and the Prime Minister and his costly coalition have broken Canada.
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