An extra C$8,300 ($6,600) in your pocket.
That is roughly how much the average Canadian saved during the pandemic, with the central bank betting on C$40 billion in added spending through the end of next year as consumers draw down those stockpiles.
But soaring inflation has already offset two-thirds of the buying power of that excess cash, according to one estimate, with some Canadians dipping in to pandemic savings to pay for everyday essentials instead of a new paddleboard or a weekend getaway.
Straight-up question - has this crook been enlisted to supplant or prop up Chrystia?:
Former Liberal Finance Minister Bill Morneau says he is “much more worried” about the country’s economic prospects now than when Justin Trudeau first came into power, criticizing the government for focusing on ways to redistribute wealth instead of increasing the “collective prosperity.”
The champagne socialist paces the floors of his French villa over this.
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