Tag: cost of living Canada
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Canadian Incomes Improved, But Most Households Expect Life to Get Worse in 2026: MNP
January 19, 2026 Despite recent gains in income, Canadians are entering 2026 with growing pessimism about their financial future. New survey data from MNP’s Consumer Debt Index shows that most households expect rising costs, worsening housing affordability, and mounting economic pressure in the year ahead. While some Canadians are actively adjusting their finances, a large…
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The 2026 Inflation Reality: Food Prices Are Rising Again – What That Means for Housing Affordability
Inflation may be cooling on paper, but for many Canadians, the cost of living is rising again where it hurts most – food, rent, and housing costs. As Canada heads into 2026, new forecasts show food prices increasing once again, adding pressure to households already stretched by high rents and elevated mortgage payments. While inflation…
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Canadian Families Expected to Pay $1,000 More for Groceries in 2026, New Report Warns
Canadian households should brace for another year of rising food costs, with the latest Canada’s Food Price Reportforecasting that grocery bills will climb again in 2026. The annual report – released by Dalhousie University alongside researchers from universities nationwide – estimates that the average family of four will spend an additional $1,000 next year just to buy the…
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Canadians Now Owe $1.85 for Every $1 They Earn
Feeling like your paycheck disappears the second it hits your account? You’re not alone. According to new data from Statistics Canada, Canadians now owe $1.85 in debt for every $1 of disposable income. That number reflects how fast household debt is rising across the country compared to how slowly incomes are growing. Debt Growth Is…
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Canada’s Top 10 Trending Cities for Renters in 2025: Where Apartment Hunters Are Looking
Canada’s Most In-Demand Rental Markets As home prices remain high and inventory remains tight, renting continues to be the preferred choice for many Canadians. A recent report by RentCafe shows shifting interest across the country, with some unexpected cities climbing the ranks. Here are the top 10 most sought-after cities for renters in 2025: 1.…
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Canada’s Rental Prices Drop: March 2025 Rent Report & Trends
Canada’s Rental Market Sees Fifth Consecutive Monthly Decline The March 2025 Rentals.ca Rent Report reveals a continued decline in average asking rents across Canada. In February, rents dropped 4.8% year-over-year, bringing the average rent down to $2,088, the lowest since July 2023. This trend reflects a major shift from February 2024, when rents had surged…
Canada Housing Market 