Many struggle with high inflation
Managing personal finances is harder during inflationary times, writes Peter Watson. When it comes to how inflation affects Canadians there is good news and bad. Three out of four Canadians reduced their spending to help them cope with higher prices, according to a Maru Public Opinion Survey. The reality is people have different abilities in […]
It’s official… Bank of Canada has finally boosted interest rates
It is official. The most anticipated increase in interest rates has finally occurred. Last week for the first time in seven years the Bank of Canada increased its overnight interest rate from half of one per cent to three quarters of one per cent. This is significant to all of us because interest rates rise […]