Inflation In Saskatoon Forcing Many Into Debt
The rising inflation rate in Saskatoon is putting significant financial strain on residents, forcing many into debt as they struggle to keep up with the increasing cost of living. Inflation, driven by factors such as higher fuel prices, supply chain disruptions, and increased demand for goods and services, is eroding the purchasing power of many households in the city.
With inflation outpacing wage growth, many residents are finding it difficult to make ends meet. Some are turning to credit cards, payday loans in Saskatoon, and other high risk forms of borrowing to cover their expenses, leading to a growing debt burden.…