Debt doubts are mounting across Canada and the Okanagan is no different

[Castanet News]

An increasing number of Canadians are a mere $200 away from being unable to pay all their bills and debt obligations every month month and the picture is no...

[BigTun]

More taxes ought to solve this problem.

[wellcoboy]

remember this folks when your liberal neighbor asks for help or to borrow something , there the ones who helped cause this mess in Canada . and oh don't forget those NDP people living across the street also !!!!

[MarvinTMartian]

Yes the Liberals and NDP have caused world wide inflation.... yup..

[bcconservative]

Yes the Liberals and NDP have caused world wide inflation.... yup..

Yeah... and "worldwide" inflation is why Canada's richest province is now more poor than the U.S's poorest state? Prior to Trudeau we were near even.

Man, I wish I could live with my head in the sand and blame "worldwide" issues for pathetic policy and horrible fiscal management...

[the truth]

More taxes ought to solve this problem.

tell that to our city leaders as they all give themselves raises every year

[LiveWell17]

The ignorance of the anti Trudeau group is amazing. This government did everything it could thru covid, massive world wide pressures affecting prices and materials for building. He tried to bolster supports for families. When I got into debt as a young person I never considered blaming the government of the day. So you want Poilievre? Your life is about to get harder, you just don't know it yet.

[Jeffmc]

How can people save or plan anything when your job fails to pay a livable wages, the governments of the past and present continue bury Canada in the ground?. Cost of living continue to skyrocket and shows no signs of dropping to a level thats easier to handle. These governments has to start doing good and help Canadians get out of the hole .

[Mike_T]

First-time homebuyers taking advantage of interest rate cuts are a big reason why Kelowna’s real estate market is starting to pick up pace.
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An increasing number of Canadians are a mere $200 away from being unable to pay all their bills and debt obligations every month month and the picture is no less bleak in the Okanagan, a local insolvency trustee says.

I wonder if these are related?

[Hella Krusty]

The ignorance of the anti Trudeau group is amazing. This government did everything it could thru covid, massive world wide pressures affecting prices and materials for building. He tried to bolster supports for families. When I got into debt as a young person I never considered blaming the government of the day. So you want Poilievre? Your life is about to get harder, you just don't know it yet.

So in the height of COVID, Justin kept his foot on the gas raised Carbon Tax not once but twice. And as a parting gesture.....he is gonna hit it again.

EBY ......raises minimum wage to match inflation, but it doesn't go down when inflation is tamed meaning you pay..

What does not touch fuel or minimum wage??????

Wonder why a bag of grapes or asparagus is $20 .....look at your hired officials. BTW, I was a liberal supporter ( never voted for this bozo ) but holy hell. What a 9 year train wreck it has been. We ran the homeless out of our area because the RCMP cant, and JT / EBY dont give a rats *bleep*

[butthead]

WEF
you will own nothing and be happy
you will eat zz buggs

[RickE]

Yes the Liberals and NDP have caused world wide inflation.... yup..

Yeah... and "worldwide" inflation is why Canada's richest province is now more poor than the U.S's poorest state? Prior to Trudeau we were near even.

Man, I wish I could live with my head in the sand and blame "worldwide" issues for pathetic policy and horrible fiscal management...

BCConservative, I would say you do have your head in the sand. The real issue right now is corporate greedflation that carried on after Covid. Record profits, share buybacks and excessive CEO pay rather than investing in increasing productivity or wages. The wealth inequality is getting out of hand. It’s time for the wealthy to pay their fair share.

[bcconservative]

Yeah... and "worldwide" inflation is why Canada's richest province is now more poor than the U.S's poorest state? Prior to Trudeau we were near even.

Man, I wish I could live with my head in the sand and blame "worldwide" issues for pathetic policy and horrible fiscal management...

BCConservative, I would say you do have your head in the sand. The real issue right now is corporate greedflation that carried on after Covid. Record profits, share buybacks and excessive CEO pay rather than investing in increasing productivity or wages. The wealth inequality is getting out of hand. It’s time for the wealthy to pay their fair share.

You negated my point - why is the U.S economy and their poorest state doing better than our richest province if it's "worldwide inflation" that is hindering the economy? Easy - fiscal mismanagement and excessive money printing, out of control debt. Not a hard concept, however the government that is responsible for the absolute dumpster fire that is our economy will pass the buck off as a worldwide issue... which clearly some believe....
Ah, yes. The "wealthy pay their fair share" argument never gets old.
One question: Do you honestly believe that if the wealthy "pay their fair share" that it will somehow impact what you pay? Let's be real.
First of all, the consumer always pays the price, therefore the taxes are always passed on to the final consumer (further inflating prices - perfect example is the carbon tax). Second of all, how can you possibly
advocate to feed more tax dollars to a government that has proven time and time again to be fiscally irresponsible with the money they already collect?
And lastly, as one the highest taxed countries in the western world, how would you prevent big business from leaving our country and economy for others where they can benefit from less taxes? The U.S is a stones throw away.
The idea that feeding more to big government and "making the wealthy pay their fair share!" is nothing more than class-war propaganda that does nothing but benefit the federal government and drive business (and jobs) from our economy.

It's cute, in theory, though. However, when your fastest growing sector is the PUBLIC sector (not private, uh oh), I guess you need more tax dollars to keep the 60,000 CRA employees going.

[bcconservative]

Yeah... and "worldwide" inflation is why Canada's richest province is now more poor than the U.S's poorest state? Prior to Trudeau we were near even.

Man, I wish I could live with my head in the sand and blame "worldwide" issues for pathetic policy and horrible fiscal management...

BCConservative, I would say you do have your head in the sand. The real issue right now is corporate greedflation that carried on after Covid. Record profits, share buybacks and excessive CEO pay rather than investing in increasing productivity or wages. The wealth inequality is getting out of hand. It’s time for the wealthy to pay their fair share.

We spend more money on paying the INTEREST on our debt than we do on our healthcare, and you're advocating to give them more money. The government is equivalent to a spoiled child that keeps running back to the Bank of Mommy and Daddy every time they run out of funds.

And when you're referring to excessive CEO pay, could you possibly be referring to incidents like CBC taking 1.4billion in government handouts, laying off hundreds of employees, and then paying their CEO's 18 million in bonuses? Or are we only upset when people make profit from the industries we truly depend on, like food?

[swoop975]

The ignorance of the anti Trudeau group is amazing. This government did everything it could thru covid, massive world wide pressures affecting prices and materials for building. He tried to bolster supports for families. When I got into debt as a young person I never considered blaming the government of the day. So you want Poilievre? Your life is about to get harder, you just don't know it yet.

The lengths to which the supporters/enablers of the current (outgoing) PM to absolve him of responsibility for anything and everything is beyond ridiculous.

And, we KNOW our lives are about to get harder. That's what happens when the current (outgoing) leader leaves such a HUGE mess behind.