Bank of Canada Confirms Trudeau Spending Keeping Interest Rates High

Ottawa, ON – Conservative Shadow Minister of Finance, Jasraj Singh Hallan released the following statement on the Governor of the Bank of Canada reaffirming that government spending was a factor in the latest interest rate decision that left rates high for Canadians:  

“The Governor of the Bank of Canada confirmed that government spending was factored into the Bank’s decision to leave interest rates high. The Governor said that increased government spending will ‘get in the way of bringing down inflation.’ As inflation stays high, so too will interest rates. And many Canadian homeowners now face mortgage renewals this year.

“Justin Trudeau has added more to the national debt than all previous prime ministers combined. This year, Canadian taxpayers will pay more on debt interest than they will on health care.

“The more Trudeau spends, the more his deficits crush Canadians. Nearly two million Canadians used a food bank in a single month last year, while the surging cost of gas, heat, and groceries takes more money out of everyone’s paycheque.

“Common sense Conservatives will fix the budget by eliminating wasteful spending, and lowering inflation and interest rates, so Canadians can bring home bigger paycheques and keep a roof over their head.”

Trudeau Forces Working Canadians To Pay For His Spending

Trudeau Forces Working Canadians To Pay For His Spending

Ottawa, ON – After nine years of Justin Trudeau, Canadians are struggling to survive. In 2015, Trudeau promised he would help the middle class, but nine years later, 9 out of 10 middle-class Canadians are paying higher income tax to pay for the Liberals’ spending.

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Just The Facts: Poverty Surges In Trudeau’s Canada

Just The Facts: Poverty Surges In Trudeau’s Canada

Ottawa, ON – After nine years of Justin Trudeau, life has never been so expensive. Last year, food banks had to handle 2 million visits in a single month, with a million more people expected in 2024. Meanwhile, the cost of rent has hit record highs, taking more and more money out of everyone’s pockets.

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