Economics

Debt-Strapped Canadians Brace for a Risky Rate-Hiking Cycle

  • Borrowing costs could begin steady climb as soon as next week
  • Moves will test central bank and free-spending Trudeau team
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The era of historically low interest rates, which inflated Canadians’ wealth and facilitated their spending, is coming to an end.

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Debt-Strapped Canadians Brace for a Risky Rate-Hiking Cycle