Cost-of-living, burnout, debt, restrictions creating perfect storm in Canada

Overall, 84 per cent of Canadians are worried about inflation and the cost-of-living. And there’s good reason.

Minister of Finance Chrystia Freeland holds a press conference to announce the Bank of Canada’s inflation mandate on Dec. 13, 2021. Overall, nearly half of Canadians (48 per cent) are more stressed to start 2022 than they were during the first lockdowns in 2020, especially as it pertains to their finances, writes Laurie Campbell.The Hill Times photograph by Andrew Meade

Opinion

BY LAURIE CAMPBELL

January 17, 2022

As we enter year three of the pandemic, Canadians are overwhelmed and fatigued by the numerous economic and life challenges being thrown their way, with everything from cost-of-living, burnout and COVID restrictions mounting—and most of all debt. Canada’s national debt hovers around $1.2-trilli...

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