Most Canadian Households Now Run A Deficit To Meet Inflation: BoC

Canadian households may not acknowledge it publicly, but they’re falling behind. Bank of Canada (BoC) research shows incomes beat inflation from 2020 to 2025. But the researcher warns there’s a catch, as the average often cited by policymakers is an average. Most households didn’t beat inflation, and are now racking up debt every year to […]
The post Most Canadian Households Now Run A Deficit To Meet Inflation: BoC appeared first on Better Dwelling.
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