this post was submitted on 11 Jul 2023
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Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[–] Nevrome@lemmy.ca 13 points 1 year ago

Not surprised in the slightest.

Most of my immediate neighbours own houses way outside their budget/payment capacity. As you said, add inflation and bigger monthly mortgage payments to the mix and it's no surprise they can't save 200$/month.