Soaring prices in Canada have become a hot topic. Back in 1977, American investment giant Warren Buffett said, “Inflation is a far more devastating tax than anything that has been enacted by our legislatures, the inflation tax has a fantastic ability to simply consume capital.”
Last week, we discussed worsening inflation, and how long it could continue. So, what can Canadians do to ride this out?
Investment experts say we can ride out the crisis by being strategic with our money and investing it appropriately. Let’s find out in this week’s report.