Within the International Information collection Sticker Shock, Anne Gaviola seems at how inflation has impacted varied points of Canadians’ lives.
Whether or not on the grocery retailer or on the gasoline pump, inflation is making life extra unaffordable and forcing individuals to search out new methods of saving cash. Partly certainly one of our collection, Gaviola presents some recommendations on tips on how to higher navigate life’s rising prices.
The collection additionally seems at whether or not meal kits are the appropriate alternative for saving or not as the most recent Shopper Worth Index (CPI) figures from Statistics Canada on Wednesday present that meals inflation is at its highest stage in additional than 40 years.
For homebuyers, indicators that the Canadian housing market is likely to be cooling are coming too late as their means to save lots of for a house is dampened by inflation and rising rates of interest.
The collection additionally breaks down how some may be capable of make a house buy work.
Plus, the widespread treatment for rampant inflation on a family funds is larger earnings, as Canadians and labour teams push employers to hike wages according to rising prices. However for the just lately retired, the hovering value of dwelling is forcing many to search out intelligent methods to chop prices.
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