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Is Canada's cost of living pushing people into poverty?

It's undeniable. The cost of living is going up.

The Bank of Canada and Statistics Canada report inflation is at an 18-year-high.

Food prices are on the rise. Meat costs 52% more, vegetables are up 11%, and fruits are 9% more expensive across the country.

Housing prices are out of reach for a growing number of Canadians. The average house price in the Toronto area is $1.3M. The average rent for a one-bedroom apartment in Vancouver is $2,100.

And it's not just the big cities. Hamilton was recently ranked the top-5 most expensive place to live in North America.

Gas prices are up from 0.98/L last October to an average of 1.46/L. And those high fuel costs will impact home heating this winter too.

Where can we find hope in this poverty crisis?

This week on Context, we speak with organizations making a real difference in the lives of people living on the edge of poverty - hit hard by inflation and lack of affordability.

Видео Is Canada's cost of living pushing people into poverty? канала Context: Beyond the Headlines
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16 ноября 2021 г. 23:03:56
00:28:30
Яндекс.Метрика