Inflation is squeezing our finances. What can we do about it?

Stress Test

If you drive a car, buy groceries or pay for shelter, chances are you’ve noticed that right now you’re paying a lot more for things than you did last year. With the inflation rate higher than it’s been in decades, how concerned should you be? And what can you do to combat the rising costs? We hear from two millennials — a Torontonian hit by soaring food prices and a new homeowner in Calgary — to learn where Canadians are feeling the pinch and how they’re adapting. Plus, Roma talks to The Globe’s economics columnist David Parkinson about what’s causing the rapid increase in inflation and how much longer it might be with us.