The Cost of Living

Rising household costs continue to affect Canadians and there is no relief in sight. Canadians, who are already finding difficulty in choosing between paying their bills or putting food on the table, will feel the squeeze continuing into the later half of 2011 and no doubt beyond that. It isn’t just the costs of fuel and energy that are making things difficult; food prices have increased between 8-18 percent. People should expect another 5-7 percent hike in the price of groceries by the years end.

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