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How bad is the cost of living crisis in Canada? (lemmy.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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I watched this YouTube video https://youtu.be/WP-ktk7Tt6w?si=hnKOC08_KYGn8UBW

How bad is it over there and how widespread? As a foreigner I thought my country was bad. How bad is it for people on average wages? Is it really hard to pay the rent and put food on the table or is that just a small minority who don't know how to manage their money?

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[–] Screwthehole 4 points 1 year ago (1 children)

It's bad, ie rents keep rising, groceries keep rising, gas keeps going up. Average wages don't. But at the same time we have lots of people with plenty of money, moms with time to walk their kids to the parks on a Tuesday afternoon... Plenty of people are making plenty of money. It's just that if you aren't one of those it's pretty difficult.

Younger peeps are just living with roommates or shacking up to make it work. But they aren't living in vans en mass, or something.

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago)

Average wages don’t.

Why do people keep saying stupid shit like this when Statscan puts the actual data front and centre for all to see? The average wages are increasing by around 5% right now. And with inflation only increasing by around 3%, real gains are being made.