High inflation and rising interest rates, along with high unemployment is creating the perfect financial storm for Canadians, say experts. (Spencer Platt/Getty Images - image credit)A high unemployment rate during a time of peak inflation means many Windsorites might be struggling to make ends meet. For most of last year, Windsor remained one of the big Canadian cities with the highest unemployment rate, and December was no different. Based on the latest data from Statistics Canada, Windsor's unemployment rate for the month of December was 8.2 per cent. He added that people often think they need a lot of money to have a financial planner, but that that isn't true.

Source: CBC News January 08, 2023 13:13 UTC