Over 62% of Canadians reported that they lacked more than two months of savings to cover any unexpected liabilities.
The survey also goes on to report that Two–thirds of Canadians think that Canada’s economy is on the wrong track.
We all know who is responsible for all this! Justin Trudeau! Isn’t it
The Justin-flation in Canada has destroyed the lives of common Citizens like never before.
Recently, the Bank of Canada held its benchmark overnight interest rate at 4.50% on Wednesday, making it the first significant central bank to halt its monetary tightening campaign in response to an anticipated decline in high inflation.
In order to control inflation, which peaked at an annualised rate of 8.1% last year and eased to 5.9% in January but is still close to three times the Bank of Canada’s 2% target, the Canadian central bank raised rates eight times in a row by a total of 425 basis points during the past year.
Canadians have recently reported they think the average family is paying too much in taxes, and a food bank recently sounded the alarm about a 41% increase in users year-over-year.
The mad elephant of the Canadian administration is unstoppably impacting the way Canadians have lived all these years.
Justin Trudeau’s policies have had a detrimental impact on the savings of the common people.
With the economy in decline and savings accounts dwindling, it is clear that Justin Trudeau’s policies have had a negative effect on the financial security of ordinary Canadians.