Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.
Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.
Because BoC’s mandate is to limit inflation. Affordability isn’t their problem.
And further to that, they have very few tools at their disposal - interest rates being the main (and most effective) one.