At first, the headlines about inflation Jordann Brown was reading in the spring of 2022 didn’t seem to be bearing out in real life.
Now, everything in Brown’s life is more expensive, such as visiting her family three hours away — her parents are coming to her more to help shoulder the cost. Brown has been organizing more backyard evenings with her friends instead of going out. She’s doing more online comparison before she shops for groceries, and is hitting Costco more frequently to buy essentials in bulk. When she enters the grocery store, if she sees a staple food like chickpeas on sale, she grabs extra.
“I’m living paycheque to paycheque,” said Allan, who works full-time as a material handler and is also a member of advocacy group ACORN. It’s not surprising that food is one area where Canadians are feeling the biggest pinch — it’s a necessity, after all, and also a key driver of the current inflation rate. Butter was up more than 20 per cent in June year over year; whole chicken almost 16 per cent, white bread 14.5 per cent, pasta almost 21 per cent.
Meanwhile, many people will turn to their savings or forms of debt to get by, said Macdonald, noting that credit card balances have begun to rise from their pandemic lows. Surveys show consumers this spring were eager to travel, eat at restaurants, and enjoy their cities again, even if it meant spending a little extra — many said they planned to spend significantly more in the coming year.
That may be linked to a significant increase in travel by bus and train, according to Moneris — both for daily commutes and longer journeys. As well, some workers may be choosing to continue working remotely in part because of the high price of gas.
Source: Real Estate Daily Report (realestatedailyreport.net)
Raise social assistance and the minimum wage, for crying out loud! onpoli inflation
For close to three years you've been cheerleading the root cause while you vilified, humiliated, and attacked those who said this is what would happen. You and the rest of the corporate media cheerleaders are as much responsible for this as anyone else. Go look in the mirror.
Politicians be gettin paid
I thought it was highlighting how useless this government is 🤔
It’s always more difficult under Trudeau rule made doubly worse by an incompetent finance minister
Thank God we printed all that money and broke supply chains so we could save grandma! How dare they complain about rising food and energy costs?!!?! Selfish granny killers
What is Ontario doing about that? Come to think of it. What has Ontario done about anything in their jurisdiction, besides cuts to services?
The financial mess was here before covid. Covid accelerated it because little drama boy has been spending our tax dollars like his own piggy bank. He’s worse than a high school kid with the family visa
Canada is rapidly degrading. We have poor productivity, a highly govt dependent population, out of control debt, high tax, high inflation and autocratic leaders determined to advance Marxist social hate. Death spiral.
Every event, every policy put into action, hits poor people more. This is how capitalism works.
Substitute the word Trudeau whenever you see the word Inflation
No relation to 'Covid' policy, I presume ...
Well if the halfwits in eastern Canada would quit voting for a dictator fascist! Defund the cbc, kick out the liberals and try Trudeau for treason! Then the prices of inflation could be fixed.
Its not that there is 'less to trim', there is nothing left to trim!!
The interestrates will rise further in the coming months which means there will a lot of bankruptcies as mortgage rates are also getting out of control. RealEstate crash more likely in all over Canada realtor Ontario Best advice would be to stay away from real estate
So glad the PM of Canada is coming up with a game plan in Costa Rica. We got this!
No sympathy from me. Canadians voted for it.
But liberals say we've never had if better
All those seniors who helped their children buy homes just lost everything excellent job punishing those who work the hardest
I remember when the housing collapse happened a decade ago and we acted like it was soo bad. Now you have purposely unleashed something way worse to do what? Offset artificially inflated gas prices? Rent prices will skyrocket now.
Do you 🤡 at the star have a hat full of obvious headlines that you pick from to write stories? How do you 🍩 intended to stay employed in the event of a downturn? ☠️
If you show a post starting a story it is unfair to demand a subscription, free or not.
Justin also predicted that a shecession is coming soon
Justin also predicted that a shecessipn is coming soon
Well yea , as a matter of fact it’s going to get much worse , the middle is getting wrecked , , working poor and mega rich , like the 3 rd world
Thanks JustinTrudeau
It’s not a big deal, inflation is just a social construct
They can get a gravy train government job for 200k a year and full benefits.
Record inflation? Trudeau on vacation.
This was all planned by the world economic forum. Trudeau is their poster boy in Canada. They want to crash the worlds economies so that they can install their one world government/dictatorship, headed up by the globalist elites. Suggest people get informed on this subject soon.
Time for the government to spend more money
Must be nice.
I'm sorry, but what the hell is going on with the left woman's legs?
Why waste your time discussing it.....the powers that be don't give a flying cluck! They're all laughing at us!
Who could imagine that printing money would end up in inflation, right?
Um inflation is just a right wing conspiracy please be better…… AND KEEP TRUDEAU OUT OF THIS 😡🪶🌈
I can’t believe in a developed nation you’re writing about “adjusting to inflation” “driving less” and “staycations” how about you write to the incompetence governing our nation as the source of these problems. investigativereporters pierrepoilievreforpm
You voted for Trudeau. What did you expect?
Inflation impacts everyone Canada
making 50k a year may as well be poverty... after tax thats about 36k. avg rent for a 1 bedroom is 1600ish x 12 =19,200 so youre left with 16800 for the year for bills, gas, groceries, insurance. It's bullshit. Im poor on a 50k salary and I dont live extravagant at all
I wish I could make it cheque to cheque, I'm broke two days after I get my cheque.
Persons w/disabilities & their families have been hit hard by this ☝🏻☝🏻☝🏻, trying to survive on ODSPoverty rates that were well below the poverty line even before all this hit. DoubleODSPNow EndClawbacks LegislatedPoverty DisabilityTwitter onpoli fordnation DrFullertonMPP
According to the Star, it’s affected everyone more than white men. As if somehow white guys have a secret between them on avoiding inflation.
Inflation is making it difficult for millions to afford the basic necessities, including food and housing. Many must make difficult decisions that could land them in high-interest debt, deplete any savings they might have, and even see them go hungry.
Low income Canadians need to wake up to the lie that is progressive Liberal policies and stop voting for these clowns.
Poor, low income Canadians should be happy with Trudeau. They have less to lose. And when you own nothing, you will be happy. TheGreatReset
As Canadians are forced to choose between eating or paying their rent/mortgage, Liberal Justin Trudeau states 'you'll forgive me if I don't think about monetary policy' TrustFundTrudeau JustInflation Inflation cdnpoli TOpoli Toronto Montreal
Even in better times, people couldn't afford basics. Socialism...
The Starbucks cup on the left is the first thing that needs to go. You bring a Thermos of your own coffee to work with you.
We are led by a Trust Fund baby who has never experienced a low income - to him, low income would be flying commercial, First Class.
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