Ottawa: Pierre Poilievre, leader of the Conservative Party and leader of the main opposition condemned the move of Bank of Canada for hiking the interest rates again.
In the statement, Poilievre said that the Bank of Canada has increased the interest rates by another 0.5 percent.
As a result of such increases, Canadians have to pay thousands of dollars more to pay their mortgages, debts and debts to repay Justin Trudeau’s debt. Many Canadians already have a hard time making ends meet in June, and such an increase in interest rates on them will further fall a mountain of trouble on Canadians.
He said that people have to take more loans to fill their stomachs and keep their homes warm in winter, to fill gas in cars and to pay their mortgages. In the second half of this year, this debt has reached 2.32 trillion, which is 8.2 percent more than the same period last year.
Poilievre added that the debt would cost more because of trudeau and his monetary losses.
He said his party has a plan to deal with the inflation ary crisis brought about by the Trudeau government. “We will crack down on the government’s expenditure, we will create more energy, we will not allow any shortage of food and houses, and we will also wipe out the carbon tax,” he said.
Canadians can no longer support Justin Trudeau and his expensive alliance. Now it’s time to bring one pie back to Ottawa, Poilievre said.