The middle class has taken a financial hit in order to bring inflation down.
Higher interest rates, housing affordability shortfalls, rising retail costs, increased leisure costs for things like travel and entertainment.
But the federal government feels relief from that pressure is on the horizon, says Harjit Sajjan, federal Minister of Emergency Preparedness.
Speaking to Black Press Media this week after the Liberal government releases its Fall Economic Statement, Sajjan said there is some optimism that interest rates will begin to decline in the next year.