Rising Living Costs in Canada — And How U.S. Economic Policy Is Intensifying the Pressure
Canada is entering a period where households feel increasingly squeezed, even though headline inflation appears to be moderating. The combination of lingering core inflation, a fragile economic backdrop, and shifting U.S. policies is creating a complex environment where everyday costs continue to climb faster than incomes. Understanding this landscape requires examining both domestic factors and the powerful spillover effects from the United States — Canada’s largest trading partner and the most influential external force on its economic conditions.
