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submitted 2 years ago by sik0fewl@kbin.social to c/canada@lemmy.ca

Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[-] Cl1nk@sh.itjust.works 25 points 2 years ago

Is really this bad? Half of Canadians? This is a catastrophe waiting to happen, wasn't Canada supposed to be a rich country with a good standard of living, even in lower income areas?

[-] Shapeofthings@lemmy.world 17 points 2 years ago

Have you seen inflation and the profiteering going on in supermarkets nowadays? My grocery bills have gone up 30% despite switching to the cheapest supermarkets and cutting out all non essentials. It's insane!

[-] dexx4d@lemmy.ca 2 points 2 years ago

We live in a more geographically isolated part of Canada (ie: not a big city) and at this point, our monthly grocery bill is approaching our mortgage payment amount. I still have to drive to three different stores to buy basics, because they're all frequently out of stock for common items (like milk, sometimes). It's not uncommon to pick up 3-4 bags of groceries (no meat) and pay $150-$200.

We garden, and have birds, and even started raising dairy sheep to reduce costs, but it's still too much.

Yet, there are seven cannabis stores in town, and they're all well stocked, somehow.

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this post was submitted on 11 Jul 2023
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