For the past two years, Canadians have had to continually adjust their household budgets to accommodate price increases for nearly all goods and services.
home equity Archives - Akler Browning LLP
If Canadians have the feeling that they are being squeezed from all sides when it comes to household finances, it’s because they are. In 2022 Canadian consumers have been hit by a double whammy of three successive interest rate hikes since March (with more increases almost certainly on the horizon) while dealing at the same time with increases in the cost of everyday goods to an extent that has not been seen, in some cases, for as much as forty years.