Ottawa, ON – Dan Albas, Conservative Shadow Minister for Finance, and Gérard Deltell, Conservative Shadow Minister for Innovation, Science and Industry released the following statement after Statistics Canada warned inflation has reached 7.7 per cent:

“Less than a week after the Deputy Prime Minister presented her so-called solution to the inflationary crisis, the problem is only getting worse with prices climbing by 7.7 per cent – the highest increase in nearly four decades.

“The inflation-driven cost-of-living crisis caused by Justin Trudeau’s reckless spending is making life harder for Canadians. Canadians are struggling to feed their families, with food prices jumping by 9.7 per cent in the last year. They’re struggling to afford the roof over their heads, with rents continuing to climb and the price of a home increasing by 20 per cent this year. They’re struggling to fill up their cars, with prices over $2.00/litre and the Liberals refusing to provide any relief.

“Yet, the Trudeau Liberals continue to blame global factors and refuse to provide the immediate relief Canadians are begging for, and vote against common-sense Conservative solutions that would leave more money in the pockets of Canadians.

“Enough is enough. Canadians can’t afford a government that continues to leave them behind.

“Conservatives will continue to be the voice of Canadians looking for relief from the cost-of-living crisis. While Justin Trudeau continues to offer hollow words and empty promises, Conservatives will continue to fight for solutions that leave more money in the pockets of Canadians and protect the value of the money that they earn.”