Trudeau’s reckless COVID spending is causing Canada’s inflation rate to hit a 30-year high

The cost of food has risen 5.2 percent compared with this time last year, with the cost of fuel, of which significant carbon taxes are imposed, going up a whopping 33.3 percent compared with a year ago.

The costs of owning and operating a private vehicle soared 10.7 percent, with the cost of owning a household going up 14.8 percent overall.

Nationwide, the cost of meat has risen 9 percent, and dairy costs have gone up 3 percent.

The federal government under Prime Minister Justin Trudeau has been borrowing billions of dollars over the last two years to fund both its COVID programs and ideologically driven programs.

As a result, Canada’s debt has nearly doubled to approximately $1.2 trillion in the span of less than two years, from around $685 billion in 2019.

Put another way, every person in Canada would have to pay $31,000 for Canada’s debt to be erased.

In fact, in June 2021, Canada’s Parliamentary Budget Office, in its Fiscal Sustainability Report, stated that the  federal government would not be able to return to a balanced budget until 2070, during which time the country would add another $2.7 trillion in debt.