Inflation pressures moving from owned to rented accommodation

Rannella Billy-Ochieng’, senior economist at TD Bank, joins BNN Bloomberg to discuss their report showing inflation over the past year has hurt middle-income Canadians the most. While some drivers show signs of easing, Billy-Ochieng’ says consumers will still adjust their spending by either dropping discretionary items or changing what they spend on.

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[chilo]

YOU WILL OWN NOTHING AND YOU WILL BE HAPPY

[tylercmfrost]

Try living on 1, 100$ month. 31 years old no vehicle, internet, cable, visit out of town. Don't smoke or drink, no credit cards, etc. Still no one place to rent less than 900$ nothing included. It's either shelter or food!

[drusha]

in canada there is 4-5 month lag between when gov't begins inflating money supply and the price hikes in stores. so the inflation stopped (or got reduced) in march 2022 therefore already in sept 2022 price hiking will begin to ease unless they begin inflating money supply again.

[dustyarne]

Now, for most people this inflation, rising taxes and prices are a bad thing but for Biden voters this is heaven. I’m putting all of my profits into Silver Gold Bitcoin Ethereum and food.