The Bank of Canada has hiked its benchmark interest rate to 4.5 per cent, the highest it’s been since 2007. This is the eighth increase since March 2022. Anne Gaviola explains how the rising cost of living has affected the social cohesion of Canadians, and how the central bank is hinting at pausing rate hikes.
Global National
‘Our social cohesion is suffering’: Rising inflation, interest rates costing personal connections
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