HomeCanadaInflation in Canada: Prices make daily expenses challenging

Inflation in Canada: Prices make daily expenses challenging



Nearly half, or 45 per cent, of Canadians say rising prices are “greatly impacting” their ability to meet day-to-day expenses, which is 12 percentage points higher than two years ago, according to a Statistics Canada study.


The feeling was most prevalent among young adults, who were more likely to report daily financial stresses and expectations to obtain food from a food bank. Among those who said they were stressed about money “most days,” just one in five people reported a high level of life satisfaction.


The study, which compiled responses from Canadians gathered in the spring, was published on Thursday.


More details to come.


  



Source link

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!
You have not selected any currencies to display