Individuals aged 18-34 are resorting to extreme measures to manage their finance

Singh Hallah;

Individuals aged 18-34 are resorting to extreme measures to manage their finances, including taking out high-interest short-term loans, according to credit counselors. Mark Carney's promise of "Elbows Up" has fallen flat, leading to "Elbows Down" outcomes.

Liberal policies have resulted in Canadian jobs being relocated to the U.S., with student unemployment reaching a 30-year high and youth unemployment reflecting levels seen during the 2008 recession. Young Canadians are finding it increasingly difficult to cover essential expenses, often relying on high-interest loans and accumulating credit card debt. The Liberal government needs to put an end to inflationary deficits to help reduce inflation, which would lower interest rates and enable Canadians to better manage their finances.