New measurement shows ‘historically high’ Canadian financial stress

Monetary stress indicators amongst Canadian households on one index “now stand at a traditionally excessive stage”, in line with analysis revealed by the nation’s central financial institution.

The excessive ranges of stress may stem from the cumulative influence of excessive rates of interest and inflation, the Financial institution of Canada paper argues. The paper was written by Nicolas Bédard and Patrick Sabourin.  

The authors used information from the Canadian Survey of Shopper Expectations (CSCE) and in contrast that data with different client

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