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he division of national accounting firm MNP LLP said. The index measures Canadians’ attitudes toward their consumer debt and gauges their ability to pay their bills, endure unexpected expenses and absorb interest-rate fluctuations without approaching insolvency, it said. The firm said Canadians are feeling significantly worse about their ability to absorb interest rate increases after last year’s rapid hikes. Seven in 10 Canadians say they already feel the effects of interest rate increases, while more , now say their ability to absorb even a one percentage point hike has worsened, its report said.
The liberal government is taking more and more of the average Canadians earnings , and people are going in debt just buying groceries for their families.
Those who voted for it were clearly not concerned by the impact of wasteful spending beyond our means.
Because the government is taxing us to death to pay for all the money they give away and making us pay for it . All facts . My appinion could I be right . Tell me im wrong without telling me I'm right .
The government has made life unaffordable. They tax us to death, and it is never enough
Problem is Canadians like to borrow. You have a government bragging about historical low interest rates that would never go up. Best part is the government tells the east that they borrowed so taxpayers wouldn't have too and they believe it , funny stuff.
Keep your cash out of the banks. Show a zero balance with higher than average debt.. If our banks ate empty and our debt is high, it becomes impossible for government to monitor our monetary value.. APPEAR broke and in debt.
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