CBC Manitoba: Manitobans worry about cost of living, crime and health-care waits, survey suggests
July 8, 2024 —
An economics expert said people have been hit on three fronts since the COVID-19 pandemic — high inflation, a jump in interest rates and rising energy prices.
“Before the last couple of years, we had a pretty long period of time of relatively low or even falling inflation rates and extremely low interest rates,” said Fletcher Baragar, an associate professor of economics at the University of Manitoba.
“There are grounds for some optimism going forward. But changes such as falling interest rates and falling inflation rates — those are going to be gradual.”
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