Press release: Susan McArthur and the Conservatives have a plan to reduce the cost of living in Glengarry–Prescott–Russell

CASSELMAN, ON: Today, the Conservative candidate in Glengarry–Prescott–Russell, Mrs. Susan McArthur, outlined the Conservative plan to reduce the cost of living.  

“The cost of everything is going up – grocery bills are up and gas prices have skyrocketed. With inflation at the highest level in 20 years and rising, families in Glengarry–Prescott–Russell are struggling to make ends meet.” said Mrs. McArthur. 

Susan McArthur and the Conservatives will help Canadians’ pocketbooks by:  

  • Lowering food prices by increasing the maximum fine for price-fixing from $24 million to $100 million; introducing criminal penalties, including jail times, for executives convicted of price-fixing; and, bringing in a tough code of conduct to protect suppliers and to promote grocery competition.
  • Bringing in legislation on open banking so that Canadians can connect with financial technology (fintech) companies that can provide a better offer for banking services such as a mortgage, line of credit, or credit card.
  • Ordering the Competition Bureau to investigate bank fees.
  • Creating a technology task force within the Competition Bureau to examine whether dominance and anti-competitive behaviour of big technology giants is damaging to Canadian industry.
  • Standing up to corporate Canada and rejecting mergers that substantially reduce competition and lead to layoffs and higher prices.

We have an innovative plan to increase housing supply by converting 15% of federal government real estate into housing, encouraging more building of multi-unit residential by offering a tax roll over if capital gains are reinvested in similar real estate development and encouraging longer term mortgages for home buyers. Making housing more affordable. Canada’s Conservatives have a detailed plan to get inflation under control, lower prices, and make life more affordable for families. I will work to secure the future of the people of Glengarry–Prescott–Russell” concluded Mrs. McArthur.

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For more information: info@susanmcarthur.ca

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