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MarketsEconomicsDebt-Strapped Canadians Brace for a Risky Rate-Hiking CycleBorrowing costs could begin steady climb as soon as next weekMoves will test central bank and free-spending Trudeau teamByTheophilos Argitis, Erik Hertzberg, and Brian Platt+FollowJanuary 21, 2022, 12:00 PM UTCSign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The era of historically low interest rates, which inflated Canadians’ wealth and facilitated their spending, is coming to an end.
