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General discussion => Current events => Topic started by: NewsHound on October 08, 2024, 12:50 PM

Title: Canadians lost purchasing power since 2022 from inflation, interest rates: PBO
Post by: NewsHound on October 08, 2024, 12:50 PM
Canadians lost purchasing power since 2022 from inflation, interest rates: PBO

Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, according to the Parliamentary Budget Officer.

Source: Canadians lost purchasing power since 2022 from inflation, interest rates: PBO (https://globalnews.ca/news/10800425/inflation-interest-rates-purchasing-power-canada/)