Justin Trudeau’s Inflationary Spending Still Hurting Canadians

September 4, 2024 at 9:40 am  Federal, Politics

Ottawa, ON—After nine years of Justin Trudeau, Canadians are still suffering the consequences of his inflationary deficits and taxes that raised the price of everything and brought interest rates to their highest level in decades. Trudeau’s policies first drove inflation to its highest level in 40 years, then they drove interest rates and mortgage payments and now they are driving Canada’s economy into the ground.

Today, the Bank of Canada confirmed the economic damage that Trudeau’s policies have done. Inflation remains above the 2% target with the Bank specifically noting that the high cost of housing is keeping inflation high. The Bank of Canada has also raised significant concerns about the state of Canada’s economy after nine years of Trudeau. They highlight “overall weakness in the economy” and soft economic activity over the summer months. They also note that Canada’s unemployment rate has risen to 6.4% and hiring is weak, meaning unemployed Canadians, and particularly our youth, are facing difficult prospects in finding jobs. This is on top of their prediction of slow wage growth for Canadians across the country.

Trudeau has already caused endless misery for Canadians. Canada has had the worst growth in income per person since the 1930s and millions of people are having to line up outside of food banks just to feed their families. Canada has had the worst housing inflation and among the lowest economic growth in the OECD. Our GDP per capita has fallen to levels not seen in years with five consecutive quarters of negative growth. And now, on top of all this, Trudeau’s policies are set to make things even worse.

Common Sense Conservatives will end Trudeau’s inflationary deficits and taxes that are keeping interest rates high and bring an end to his destructive economic policies that are hurting jobs and wages. Only a Conservative government will axe the tax, cap the spending, fix the budget and bring home lower prices for all Canadians.

View the full article from the original source

No conversations yet

Activity Stream

Thu, Dec 5, 2024 at 8:00 am - David Suzuki posted on their blog: Industry hijacks global climate and biodiversity summits
Wed, Dec 4, 2024 at 9:00 am - Doug Smith posted on their blog: Hiking the Uplands Trails in Fall
Sat, Nov 30, 2024 at 9:00 am - Doug Smith posted on their blog: Low Iron – Triple Lumen Hike
Thu, Nov 28, 2024 at 8:00 am - David Suzuki posted on their blog: Do these politicians understand carbon?
Wed, Nov 27, 2024 at 3:04 pm - Kamloops Film Society posted on their blog: KFS Holiday Giving – Nov 2024 – The Kamloops Film Society
Tue, Nov 26, 2024 at 9:00 am - Doug Smith posted on their blog: Sugarloaf Hill Hike – KamloopsTrails
Fri, Nov 22, 2024 at 9:00 am - Doug Smith posted on their blog: A Fall Hike to Moul Falls
Thu, Nov 21, 2024 at 8:00 am - David Suzuki posted on their blog: Climate progress is unstoppable, despite U.S. election
Mon, Nov 18, 2024 at 9:00 am - Doug Smith posted on their blog: Dewdrop Ridge – Bluebird Trail Loop
Fri, Nov 15, 2024 at 9:00 am - Doug Smith posted on their blog: Upper Grasslands Track – KamloopsTrails
Full Stream

Upcoming Events

KAG: Presences
Thursday Sep 26 to Thursday Dec 19
KAG: EVERYDAY IS A DAY AT THE RACES WHEN YOU’RE MENTALLY AND PHYSICALLY ILL
Saturday Sep 28 to Saturday Dec 28
KAG: Stories That Animate Us
Saturday Oct 5 to Saturday Dec 28
Adult 6 Week Mixed Media Workshop
Monday Nov 4 to Monday Dec 9
Winter at Privato
Sunday Nov 17 to Sunday Dec 22
WCT: Disney’s Beauty and the Beast
Thursday Nov 21 to Monday Dec 8
Meet Santa at Sahali Mall
Saturday Nov 30 to Monday Dec 23
Gingerbread House Competition 2024
Sunday Dec 1 to Tuesday Dec 24
Tuesday Night Trivia at Carlos O’Bryan’s
Tuesday Dec 3
Gaming: Tuesday One Piece
Tuesday Dec 3
Northern Lights – Painted Porch Signs
Tuesday Dec 3
Wednesday Night Trivia at Fox’N Hounds Pub
Wednesday Dec 4
Wednesday Night Trivia at McCracken Station Pub
Wednesday Dec 4
Kamloops Comedy Open Mic
Wednesday Dec 4
Gaming: Community Board Game Night with Kamloops Board Game Community
Wednesday Dec 4
All Events