[UPDATED] Inflation, Taxes and National Debt with Franco Terrazzano

Have you noticed that almost everything costs more?

According to Stats Canada, prices for essential food purchases increased by over 9% in the past year.

Gas prices have hit well over $2 / litre in many areas of the nation this year.

1 in 5 Canadians is skipping meals to make ends meet.

9 out of 10 Canadian households have changed their spending habits to adjust to rising prices.

The federal debt is closing in on $1.2 trillion and growing by $145 million EACH DAY. Canada now spends more on interest on the federal debt than on national defence.

Despite all the above, the government of Canada will soon be increasing payroll taxes and the carbon tax THREE more times. This means less money in the pockets of Canadians.

Joining us today to discuss the national debt is Franco Terrazzano from the Canadian Taxpayers Federation.

PS - A particular segment in this show gives tips on saving at times like this.

Thanks for joining us.

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