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Financial stress of high inflation, interest rates take emotional toll on Canadians: report

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A new report by accounting and insolvency firm MNP has revealed that nearly two years of rapid-fire interest rate hikes and high inflation are taking a toll on Canadian household budgets and mental health.

Financial experts are concerned about the trend and suggest that people should take proactive measures to manage their finances and seek professional help if needed.

Global's Anne Gaviola explains.

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Category
U.S. & Canada
Tags
global news, report, accounting
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