Here's a look at what's going to cost you more, and less, in 2023

Russia’s invasion of Ukraine disrupted global fuel supplies and caused gas prices to reach record levels. The Bank of Canada’s aggressive interest rate hikes reinforced recession fears for Canadian consumers. And inflation remained an underlying theme of concern.

"We had a pretty good in December,” he said. “The world got very nervous about rising interest rates, demand destruction, and COVID lockdowns in China. And all those played very heavily towards keeping prices in check and pushing them down," McTeague said The report anticipates that a family of four will have an annual food expenditure of up to $16,288.41, “an increase of up to $1,065.60 over the total annual cost [in 2022.]”

The report explained that limits in wheat and sunflower oil also largely contribute to supply failing to meet demand, which will continue to be a problem as Western sanctions block Russian exports.There is some good news for Canadians, however, and it’s in housing affordability, as experts anticipate a continued correction trend, which has been sustained since the summer of 2022.

Source: Car News Wire (carnewswire.net)

Everything for fucksakes!! JustinTrudeau did that!!

Cole's notes version of this story: you can't afford to eat or drive, but wealthy people can get a house for less!

When is enough enough. A lot of citizens being robbed by the few in government..... when do WE put a stop to this?

Living is more expensive but 'dying with dignity' is free!

With things going up adding more taxes seems pretty stupid.

Thanks to those that fell for the PLANdemic!

CTV your funny you remind me of when global news did a story on how great it was to see Richie bros yard so full of equipment and trucks, yes in trudeau collapsing world some things will drop and raise,divorce up, suicide up ,bankruptcy up , auctions and Lawyers great hey

I love how the article says home values are going to plummet, as if that's in some way a good thing. Also, the article conveniently forgets to mention the ridiculously high interest rates that have come about due to this governments gross incompetence.

The real reason prices keep going up is bc of the little Hitler you call Trudeau .

You can finally afford to buy a house but not groceries, gas, and everything else

5 new taxes in 2023, we haven't even began to feel the consequences of lockdowns and failed policies from the government yet.

This article should bring PierrePoilievre out of hiding with a retweet of at least...'One industry analyst predicts the cost of gas will rise yet again in the new year.' Nothing yesterday from Pierre wishing us all a healthy & prosperous New Year...just not his kind of message!

Seniors suffer even more and no help from the liberals. I ask the NDP to step up and protect Seniors. Health is one thing but if you can't afford to go to the doctor or dentist then what good is it.

Glossed over the increase in carbon taxes, ignored the increase in payroll taxes and the increase in alcohol taxes on April 1. JustinTrudeau & Co get their significant wage increase April 1.

LMFAO. Pay up, peasant. Covid spending wasn't cheap.

Basically everything you need to survive

BUT WHAT REALLY MATTERS IS THAT YOUR FACE MASK IS ON RIGHT NOW!!! OVER THE NOSE, UNDER THE CHIN!!! THREE FACE MASKS ON IS OKAY BUT FOUR FACE MASKS ON IS BETTER!!! AS LONG AS YOU HAVE YOUR FOUR FACE MASKS ON AT ALL TIMES, YOUR LIFE WILL BE SAVED!!!

CTVToronto Lyndsay_CTV SandieR_ctv LisaLaFlamme_ - food rising / gas will hit $2 again / interest rates will go up again / hydro rising. 🇨🇦’s middle class is getting squeezed. Equifax said 🇨🇦’s have more debt than ever. FACTS

Your FakeNewsMedia is a financial waste.

Still on twitter?

Does Ukraine need more money? 🤔

Everyone knows by now Trudeau is raising taxes on just about everything!

The biggest thing costing every Canadian is JustinTrudeau

Thank a liberal

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Poll: repaying debt is Canadians’ top priority for 2023A recent poll by CIBC finds that repaying debt is the top financial goal for Canadians in 2023 as they scramble to cope with inflation and fears of recession. I’m no economist but I think maybe the sky rocketing interest rates might also be a factor Manage to pay everything off. I don't even want a credit card. I'll live on what I earn. Cash. The banks can go and........
Source: TorontoStar - 🏆 60. / 55 Read more »

These are the big changes the Ontario government is making in 2023Ontario is making a number of changes in the new year that could impact health care, travel and your wallet. These aren’t “big” changes. 👍 Ford is Killing Ontario.
Source: CP24 - 🏆 30. / 67 Read more »

How to set financial goals for 2023Financial success in 2023 is as simple as focusing on the right things, and making regular progress toward them Abolishing the Carbon Tax would certainly help the majority of Canadians!
Source: globeandmail - 🏆 5. / 92 Read more »

The shock and awe 2023: global market rebound approachingWhether 2023 starts strong or weak, abundant unappreciated forces support a stealth stock and bond bull market believe it when I see it.
Source: globeandmail - 🏆 5. / 92 Read more »

Stumbling Treasury rally clouds bond market outlook for 2023U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff
Source: globeandmail - 🏆 5. / 92 Read more »

Food banks in Toronto expect struggle to continue in 2023 as need growsToronto’s Daily Bread Food Bank has reached a new milestone, and no one is celebrating. Were they doing it for external validation? thank you, Trudeau. keep voting Liberal 🤪 None of these food banks should be open. So long as they are open there is a party going down with excessive spending which is in effect extortion gains. Who had a dishwashing machine during covid to enjoy germ free content ? cafreeland JustinTrudeau
Source: CTVToronto - 🏆 9. / 84 Read more »