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This is how Canadians are surviving the soaring cost of everything

Skyrocketing prices are forcing more Canadians to make tough decisions, leaving even middle-class families to choose between buying the food they need and paying their bills.

A recent survey from Food Banks Canada found that nearly one in five Canadians reported going hungry over the last two years. Inflation in Canada hit a three-decade high in April, reaching almost seven per cent.

With the war in Ukraine contributing to the largest cost-of-living crisis of the 21st century, according to a United Nations report released this week, even families in wealthier countries are feeling the squeeze.

“The war in Ukraine has trapped the people of the world between a rock and a hard place,” a briefing from the United Nations Global Crisis Response Group states.

“The rock is the severe price shocks in food, energy and fertilizer markets due to the war…. The hard place is the extremely fragile context in which this crisis arrived; a world facing the cascading crises of the COVID-19 pandemic and…continue reading.

Source: CBC News


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