Poilievre says Canada is broken amid runaway inflation

Poilievre says Canada is broke amid runaway inflation

A Canadian political leader is saying what every middle-low-income Canadian knows; everything in Canada is broken.

Poilievre says Canada is broke amid runaway inflation
Poilievre says Canada is broke amid runaway inflation

In a media availability on Wednesday, Conservative Leader Pierre Poilievre denounced the runaway inflation and the rising cost of food, housing and fuel. 

“It feels like everything is broken in this country right now,” Poilievre said. 

The Opposition leader placed the blame squarely on Prime Minister Justin Trudeau and his Liberal government. The solution is a Conservative government, he told Canadians.

“So what are we going to do about it? We have to get the country back on track. My plan is to cap government spending and end the inflationary deficits so that we can bring inflation down,” he said. 

“It’s time for us to take back control of our lives in this country, to fix what is broken, and that’s what a Poilievre government would do.”

Poilievre’s comments amid calls from the provinces for the federal government to drop fuel taxes and the carbon tax, or to at least abandon scheduled carbon tax increases.

In a letter to Trudeau on Wednesday, Alberta Premier Danielle Smith said Alberta’s United Conservative Party government has taken actions to address the cost of living crisis. In contrast, the federal government’s “imprudent policies” contribute to inflation, she argued. 

Earlier this month, Deputy Prime Minister Chrystia Freeland said the country could fall into a mild recession in the first quarter of 2023.

Weeks before Freeland made this seemingly obvious confession, former governor of the Bank of Canada Mark Carney warned that Canada is heading into a recession. He said the government can’t spend more money as the central bank raises rates. 

“Fiscal discipline is imperative.”

In response, it appears the federal government has finally curbed its never-ending spending spree. During last week’s fall economic update, Freeland said the government reduced planned new spending to not exacerbate inflation amid the recession risk.

Freeland has also told ministers to find a way to pay for new projects by reallocating funds from elsewhere.

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