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Canadian spending trends, COVID-19, and you
Rounding it up
In the last 10 years, Canada has seen some interesting spending trends—debt, insolvency rates, and the cost of essentials have all increased.
Despite the elevated cost of living, Canadians continue to spend on luxuries, like travel.
No one knows what the future holds, but it is expected that COVID-19 will continue to further drive up costs of living in Canada.
By understanding the Canadian economic landscape, you can make more informed decisions.
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