Just The Facts: Canadians’ Dangerous Debt

January 14, 2025 at 6:18 am  Federal, Politics

Ottawa, ON – After 9 years of the NDP-Liberals, life is more expensive than ever. Housing costs have doubled. Canadian families will pay an average of $800 more for food than they did last year. Canadians have been forced to take on more debt, just to put food on the table and a roof over their heads. Today, a shocking report from MNP reveals just how bad things have gotten.

50% of Canadians are now $200 or less away from not being able to pay their bills (up 8% from last year). 41% are worried someone in their household could lose their job (an all-time high). 50% are worried about their ability to repay their debts.

It didn’t used to be this way before the NDP-Liberals. The final score from MNP’s consumer debt index is the second worst ever recorded (the first being in 2022). Since NDP-Liberals’ money printing led to skyrocketing inflation, 65% of Canadians say they desperately need interest rates to go down, and 50% say that even if rates go down, they still won’t be able to pay their bills.

But the good news is that it won’t be like this when they’re gone. Only Common Sense Conservatives will axe the taxes that are making life so unaffordable for Canadians.

View the full article from the original source

No conversations yet

Activity Stream

Tue, Dec 23, 2025 at 1:13 pm - Kamloops Film Society posted on their blog: KFS Board Corner – The Kamloops Film Society
Mon, Dec 22, 2025 at 1:05 am - Kamloops Film Society posted on their blog: Sunday Classics | Law in FIlm – The Kamloops Film Society
Thu, Dec 18, 2025 at 9:37 am - David Suzuki posted on their blog: Unstoppable renewable energy revolution powers on
Wed, Dec 17, 2025 at 5:55 pm - Kamloops Film Society posted on their blog: Food on Film – The Kamloops Film Society
Fri, Dec 12, 2025 at 11:33 am - Transition Kamloops posted on their blog: Looking in the rear-view mirror… and at what’s coming next
Fri, Dec 12, 2025 at 11:32 am - Transition Kamloops posted on their blog: Some wins in the new KAMPLAN
Fri, Dec 12, 2025 at 11:14 am - Transition Kamloops posted on their blog: Healing post-mine landscapes with native plants: Rabeya’s research journey
Fri, Dec 12, 2025 at 11:04 am - Transition Kamloops posted on their blog: Quick year-end actions: pick one or do them all!
Fri, Dec 12, 2025 at 10:59 am - Transition Kamloops posted on their blog: An Open Letter to the Premier of BC and the Special Committee on Democratic and Electoral Reform
Thu, Dec 11, 2025 at 8:00 am - David Suzuki posted on their blog: U.S. actions near Venezuela portend an oily catastrophe
Full Stream
No items found