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.
Stay updated with breaking news from Alberta Central. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Higher interest rates are forcing more Canadians to renegotiate debt payments as the financial squeeze on consumers continues. Keep reading.
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 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.
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
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.