VANCOUVER—Canada’s higher inflation rate coupled with higher unemployment make it the 6th most miserable countries among 35 advanced economies worldwide, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Canadians are rightly concerned about the country’s high inflation and unemployment rates, and when compared to other developed countries, Canada is not doing well,” said Jason Clements, executive vice president of the Fraser Institute and co-author of Return of the Misery Index.