The Canadian Press: University of Calgary economist Trevor Tombe called that a “meaningful amount” relative to spending pressures that many households are facing from sky-high grocery bills.
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NerdWallet Canada banking expert Clay Jarvis called it a “considerate move” by the federal government.
However, he questioned how impactful the relief would be as prices continue to rise.
“It works out to a 25 per cent increase each year, which isn’t nothing,” Jarvis said in a statement.
“But a few hundred dollars spread out over the course of a year won’t be enough to stabilize struggling households.”…