If you’ve been to the grocery store recently you’ve probably noticed prices skyrocketing on some of your must-have items.
Well, it’s not a coincidence and many Canadians are also noticing this phenomenon. So, who is the culprit in all of this? That would be inflation.
That’s why the Angus Reid Institute surveyed almost two thousand Canadians to see just how bad things are really getting at home and on our grocery bills.
The survey conducted questionnaires for 1,992 Canadians of which 49% admitted to having a hard time feeding their families during this time.
The poll also found that 36% of respondents said they were worse off than they were last year.
“At this stage, you know, jobs are abundant. What the challenge is, of course, is people’s ability to access disposable income in a way that they have relative to years past, Angus Reid Institute President Shachi Kurl told CP24.
“So you’re feeling squeezed because your grocery bill is now more or you are blanching at the cost of a litre of gas, it is all of those things layered on top of the potential either for rising mortgage rates down the road or higher credit card debt rates down the road. It all represents a period of real uncertainty.”
Are you noticing food prices rising significantly too?
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