While the COVID-19 crisis has forced millions of Canadians to miss out on work and wages, the federal governmentâ€™s announced supports are still weeks away. To help prevent Canadians from falling even deeper in debt, New Democrats are calling on the federal government to put the needs of Canadian people ahead of credit card company profits.
â€œThe government is making Canadians wait weeks for the roll out of the support they promised. But, for many families, waiting weeks just isnâ€™t an optionâ€� said Julian. â€œIn fact, even before the pandemic, close to half of all Canadians were just a few hundred dollars away from insolvency. These families are probably already relying on credit cards and high interest loans and will likely feel they have no choice but to turn to them even more now.â€�