Mr. Speaker, under the Conservatives household debt in Canada has skyrocketed to 167% of disposable income. Over the past three decades the income of the richest 20% of Canadians has increased, while for the other 80% net income is in fact down. The middle class is being squeezed as never before. Savings are down, and more and more families are relying on credit cards just to make ends meet. Household debt is not just hurting families; it is now threatening the stability of our financial system itself.
When is the Prime Minister going to start taking this problem seriously and acting?