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Purchasing power has declined for some despite rising incomes: PBO

High interest rates and inflation hit low-income households harder, report finds


  • Oct 08 2024
  • 134
  • 7001 Views
Purchasing power has declined for some despite rising incomes: PBO
Purchasing power has declined for some despite rising incomes: PBO
The average disposable income for all Canadian households has risen 21 per cent since before the pandemic, but while high-income earners have experienced an increase in purchasing power, lower-income households have seen an erosion thanks to inflation and higher interest rates. Read More

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