The worries are more pronounced among younger adults, people from lower-income groups, people in households with children, and people with disabilities, the ...
The impact of rising prices decreases as respondents’ income goes up, with 59 per cent of those in the lowest income quintile saying their ability to meet daily expenses has been greatly affected. Nearly half of Canadians say rising prices are greatly affecting their ability to make ends meet, a significant jump from two years ago, according to a new Statistics Canada report.
Younger Canadians are also feeling more financial stress overall, with 55 per cent of respondents aged 25 to 44 saying rising prices are greatly affecting their ability to get by, and just over 45 per cent saying most days are quite a bit or extremely stressful because of financial issues.
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