Inflation is down, wages are up. Why are Canadians still frustrated with the economy?

News Room
By News Room 11 Min Read

OTTAWA – The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better.

Inflation is now at 1.6 per cent, below the Bank of Canada’s two per cent target. Interest rates are falling rapidly and more cuts are on the way. The economy, while weak, has avoided a much-feared recession.

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