A great deal of the household debt in Canada is linked with mortgages. The cost of living has been going up faster than incomes for many people around the country.

For years we have been told that there is a severe potential housing bubble growing in the region, meanwhile others say it isn't a bubble if it is never going to burst. What goes up must come down some suggest, but will it?

Or is there enough demand to keep the ride going on forever?

Homeless encampments on the rise

One recent report suggested that almost half of Canadians were living payday to payday, with the majority of money often being spent on shelter and food.

With so many who are working just to survive and keep a roof over their head it is no wonder that the cost of living issue is on the minds of many and will continue to be a major voting factor as well.

People want to hear and see solutions to their struggles.

Highest debt of any G7 Country

Household debt for the country is supposedly the highest of any G7 country and that is what some econ experts suggest puts the country at risk of an economic crisis.

Families and individuals can feel the pressure, how much more deterioration in the cost of living can people handle? Will homeless populations continue to grow as a result of economic failures that aren't being addressed? Is this what should be expected from those with university or college educations and working full time or working 2 jobs, that they'd barely be getting by and able to keep shelter? Should they be continuously worried that they will eventually end up homeless?

With a number of politicians belonging to the "landlord class" and owning multiple properties, can they effectively relate to the struggle and reality that the working class has endured and continues to face with the worsening cost of living situation? Some might argue that it isn't within their financial interest to change things as they are, seeing as they could potentially benefit from things getting worse and cost of living for shelter continuing to go up.

Will that come at the expense of them being voted out though when Canadians have had enough?