Canadian parents may ‘underestimate’ the cost of raising a family, says RBC
Most parents are surprised at just how expensive it can be to raise a family amid the high cost of living in Canada, according to the latest survey study. …
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Tag: Cost of Living
Consumers may not be feeling as ‘rosy’ as the economy appears to be
Good news indicators on inflation, the job market and economy may be overshadowing the struggles faced by many consumers as data shows not all are ready to celebrate. …
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With the high cost of living, experts warn against dipping into savings
As Canadians grapple with the stress of the high cost of living, experts weigh in on the financial risks of withdrawing from savings to make ends meet. …
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Canadians say they’ll spend less, shop earlier for the holidays: BMO
Tariffs and price concerns were cited as the main reasons Canadians are changing their holiday shopping plans this year. …
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Less than 50% of Canadians financially optimistic amid U.S. tariffs: survey
The annual Salvation Army survey found 86% agreed the tariffs were driving up the cost of household staples, and 79% believed they were hurting low-income households the most. …
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Canadians are delaying long-term goals to keep up with cost of living: data
Canadians say it’s getting more challenging to save for the future because of the economy and high cost of living, according to new survey data. …
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Wages and salary data suggest getting a pay boost may soon get harder
Salary growth is expected to drop for Canadians in 2026, according to survey data, as StatCan reports business output and labour productivity declined in the second quarter. …
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Average asking rents fall annually for 8th-straight month in Canada to $2,129: report
The monthly report from Rentals.ca and Urbanation said Monday asking rents held steady from April, with a 0.1 per cent month-over-month increase. …
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Restaurants Canada wants the tax ‘holiday’ made permanent as end nears
Canada’s food service sector is expecting a $1.5-billion boost from the tax ‘holiday’ and Restaurants Canada is pushing to make the two-month break permanent. …
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