NDP: Latest interest rate hike demands action on affordability

REGINA - Today, the Bank of Canada announced the largest single interest rate increase since 1998, adding more pressure to already cash-strapped Saskatchewan families. Official Opposition Leader Carla Beck called on Premier Scott Moe to act on the crushing cost of living and provide immediate affordability relief to Saskatchewan people.

“Politicians can’t help with interest rates, but they can help with affordability relief,” said Beck. “Hiking utility fees and taxes while sitting on a billion dollars of unexpected resource revenues - all as insurance, gas and groceries go up - is wrong.”

The Bank hiked its key interest rate a full percentage point in response to continued inflationary pressures on the economy. The Sask. Party government has yet to signal that a serious affordability relief package is on its way to families.

“Though a necessary move by the Bank of Canada, housing affordability and the cost-of-living concerns remain. I think of the countless young people hoping to buy their first home and start a family,” said Beck. “Scott Moe needs to get back to work for the people of Saskatchewan.”

The Official Opposition calls on the government to immediately respond to the cost-of-living crisis with a meaningful affordability relief package.

-30-

Latest posts

BECK PLEDGES BETTER WAGES, LOWER COST OF LIVING TO RETAIL WORKERS

Leader Delivers Address At Convention In Humboldt, Calls Workers The ‘Backbone Of Saskatchewan Economy’

HUMBOLDT - Carla Beck told delegates at the Retail, Wholesale and Department Store Union (RWDSU) Convention Wednesday that they “deserve a damn raise” a government laser-focused on making life more affordable in Saskatchewan, and that a Saskatchewan NDP government would put working people first by strengthening labour rights, raising wages and tackling the rising cost of living.

SCOTT MOE’S MLAS BLOCKS EFFORTS TO GET TO THE TRUTH ABOUT THE $26 BILLION COAL CATASTROPHE

Sask. Party Blocks Motion Calling for Provincial Auditor Investigation Into Coal Cost Overruns — Ten Times What Was Publicly Reported

REGINA – Carla Beck’s team is calling out Scott Moe and the Sask. Party for once again refusing to come clean about their $26-billion coal catastrophe after government members blocked a motion Thursday at the Public Accounts Committee requesting an independent investigation by the Provincial Auditor.

CARLA BECK’S TEAM CALLS FOR HALT TO CHILDCARE FUNDING CHANGE THAT WILL HAMMER RURAL COMMUNITIES, PUT PARENTS OUT OF WORK

In One Month, Funding Will Be Cut For Children Attending Childcare Part-Time, Or As Casuals
REGINA – Carla Beck and her team are joining rural childcare advocates to call on Scott Moe and the Sask. Party to fix their broken childcare deal.

CARLA BECK’S TEAM DEMANDS ACTION TO MAKE COMMUNITIES SAFER, CRACKDOWN ON GANGS IN WAKE OF SHOOTINGS IN NORTH

Pelican Narrows Community Leaders Have Been Beggin Scott Moe For Support For Years

SASKATOON – Days after the tragic events in Pelican Narrows and Montreal Lake Cree Nation, Carla Beck’s team is demanding that Scott Moe and the Sask. Party stop ignoring the needs of Northern Saskatchewan and step up to support the communities dealing with a flood of poisonous drugs, rampant gang activity and constant crime.

NDP Caucus Office