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High interest rates force more Canadians to renegotiate debt - Vimarsana News

High interest rates force more Canadians to renegotiate debt

Higher interest rates are forcing more Canadians to renegotiate debt payments as the financial squeeze on consumers continues. Keep reading.

Few Good Solutions as Home Affordability Plummets - Vimarsana News

Few Good Solutions as Home Affordability Plummets

An economic analysis found that in several Canadian cities, prices would have to plummet, or incomes would have to soar improbably, to restore affordability.

Alberta's and Calgary's inflation rates top the nation: Statistics Canada - Vimarsana News

Alberta's and Calgary's inflation rates top the nation: Statistics Canada

Alberta's rate of inflation rose to 3.4 per cent in January, while Calgary led Canadian major cities with an inflation rate of 4.1 per cent.

$350B in pandemic savings was supposed to give the economy a huge boost. It still hasn't happened - Vimarsana News

$350B in pandemic savings was supposed to give the economy a huge boost. It still hasn't happened

After the pandemic hit in 2020, some business owners and households were hard hit financially as a result of lockdown measures. But at the same time, many

$350B in pandemic savings was supposed to give the economy a huge boost. It still hasn't happened - Vimarsana News

$350B in pandemic savings was supposed to give the economy a huge boost. It still hasn't happened

The massive savings stockpile Canadians squirreled away is not being spent, so it can't be counted on to help the country avoid a possible recession this year.

Source: cbc.ca