shockedcanadian
Diamond Member
- Aug 6, 2012
- 34,570
- 32,107
- 2,905
People are starving and now we have a carbon tax so that people freeze rather than heat their homes. This means consumption is stifled, only a few bucks left for foreign junk ordered online.
Do NOT follow us. If you do, it's all over baby.
ca.finance.yahoo.com
As inflation continues to put the squeeze on spending habits, the rising cost of food has forced a majority of Canadians to cut back to just the necessities, a new Yahoo/Maru poll has found.
The survey of 1,514 Canadians found that a majority (60 per cent) say the cost of groceries is rising by so much that they are having to cut back to essential goods only. Those living in Atlantic Canada are most likely to scale back grocery purchases to the necessities (71 per cent), followed by Manitoba/Saskatchewan (69 per cent), Alberta (64 per cent), Ontario (61 per cent), British Columbia (56 per cent) and Quebec (52 per cent).
That's not the only way Canadians are adapting to food inflation. The Yahoo/Maru survey found that over half of Canadians (52 per cent) say they are buying less food because of rising costs. Another 51 per cent say they are choosing to buy groceries at discount chains, while 56 per cent say they are cutting back on purchases of red meat because of the high price. Another 49 per cent say they search for "expiration date discounts" on meat products to save on costs.
"The findings lay bare the impact of today's high cost of living as an ever increasing number of middle-to-lower income households have to make trade-offs and concessions to accommodate their reduced buying power," Maru executive vice-president John Wright said.
Do NOT follow us. If you do, it's all over baby.
Canadians cutting back on groceries due to inflation: Yahoo/Maru survey
A majority of Canadians say the cost of groceries is rising by so much that they are having to cut back to essential goods only.
ca.finance.yahoo.com
As inflation continues to put the squeeze on spending habits, the rising cost of food has forced a majority of Canadians to cut back to just the necessities, a new Yahoo/Maru poll has found.
The survey of 1,514 Canadians found that a majority (60 per cent) say the cost of groceries is rising by so much that they are having to cut back to essential goods only. Those living in Atlantic Canada are most likely to scale back grocery purchases to the necessities (71 per cent), followed by Manitoba/Saskatchewan (69 per cent), Alberta (64 per cent), Ontario (61 per cent), British Columbia (56 per cent) and Quebec (52 per cent).
That's not the only way Canadians are adapting to food inflation. The Yahoo/Maru survey found that over half of Canadians (52 per cent) say they are buying less food because of rising costs. Another 51 per cent say they are choosing to buy groceries at discount chains, while 56 per cent say they are cutting back on purchases of red meat because of the high price. Another 49 per cent say they search for "expiration date discounts" on meat products to save on costs.
"The findings lay bare the impact of today's high cost of living as an ever increasing number of middle-to-lower income households have to make trade-offs and concessions to accommodate their reduced buying power," Maru executive vice-president John Wright said.
