Record Household Debt Risks Recession & Defaults $1.77 Debt Per $1 Earned

Standing Committee on Finance (FINA) - Meeting No. 31 Full proceedings from Thursday, March 26, 2026 – West Block, Room 025-BCanadians are drowning in debt — and Parliament is talking about it.For every dollar earned, Canadian households now carry roughly $1.77 in debt. Quality of life isn’t a luxury anymore — many families are simply trying to survive. In this critical meeting of the Standing Committee on Finance, MPs confront the economic pressures hitting households across the country.Watch the full, unedited exchanges in proper context as committee members question witnesses and debate fiscal policy that directly affects your wallet, your housing costs, and your future.No clips taken out of context. No added commentary. Just the raw parliamentary record so you can judge for yourself.Source: Official video from ParlVU – Parliament of Canada (House of Commons proceedings)Fair Use & Transformation Statement: This video is transformative. It has been edited with chapter markers, optimized pacing, and clear presentation to make lengthy parliamentary proceedings more accessible and engaging for Canadian viewers. The original raw footage is publicly available through Parliament, and this edited version adds significant value by helping citizens better understand and engage with federal politics without altering the meaning or context of any statements. This approach was previously reviewed and upheld on appeal for similar content.Timestamps: (Let me know the ones from your edit https://youtu.be/asU1krIwPMw and I’ll add them right here — or I can suggest logical breaks after reviewing key moments) Follow on X for more full-context updates: https://x.com/thisguysgarage If you want more no-spin breakdowns of what’s really happening in Ottawa, hit like, subscribe, and turn on notifications.#CanadianPolitics #CDNPoli #HouseOfCommons #FINA #StandingCommitteeOnFinance #HouseholdDebt #CanadaDebtCrisis #CanadianEconomy #FederalBudget #Parliament #FullContext #NoSpin #ParlVU #AffordabilityCrisis