Shownotes
Rising consumer prices since the pandemic have added to significant cost-of-living challenges for households in North America.
Prices for essential items like food and shelter in Canada and the U.S. have risen at a faster pace since 2020 than average hourly income, limiting the growth in households’ purchasing power.
Those challenges have moderated in recent years, but the path has not been even. In 2026, soaring global oil prices, and fuel costs at home once again raised consumer prices, but the central banks have not rushed to react.
Join us in this special podcast and video edition of the 10-Minute Take, where RBC Economics’ Carrie Freestone and Claire Fan break down cost-of-living challenges.
Listen to our newest episode here or wherever you get your podcasts:
