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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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[–] [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.