Don’t let inflation be a Grinch: People focusing on holiday spirit over presents | CBC News ...Middle East

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Don’t let inflation be a Grinch: People focusing on holiday spirit over presents | CBC News
Holiday shopping season is here and like (almost) everything else, it is getting more expensive. If you are having trouble being festive this year, you are not alone. Pamela Meger says she has been working with people to create budgets and cut back their costs, but they are still struggling to get by. “It’s kind of been heartbreaking, to be honest,” said the licensed insolvency trustee for MNP in Regina. “They just can’t keep up with the continued increase in cost of living and the increase in interest rates.” Canada’s consumer price index rose by 3.1 per cent in the year up to October. “People who had a locked-in mortgage at 2.5 per cent are renewing a mortgage that was at $1,500, and is

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