More Canadians cutting back on dining, groceries and entertainment as inflation soars
As inflation continues to soar and money flies out of pockets, more and more Canadians say they are making cutbacks on essentials as well as enjoyable purchases.
In a new Yahoo Canada/Maru Public Opinion Poll, a survey of 1,517 Canadians found that 61 per cent are now making cutbacks when shopping at the grocery store compared to just mid-June.
The survey found 68 per cent of respondents are cutting back on dining in and ordering out, and 55 per cent say they are cutting back on entertainment purchases such as movies and sporting events.
Senior economist for the Canadian Union for Public Employees Angela MacEwen says pay cheques are just not keeping up with inflation at this point.
"People are not thinking about saving money," MacEwen tells CTV News Ottawa.
"They're not thinking about the future. They're thinking should it be gas or groceries this week."
Picking up groceries in Arnprior, Ont. Thursday, resident Angela Brittle says her family are not as free and are now leave some items on the shelves.
"Certain meats like beef have really gone up in price," says Brittle. "Different kinds of fancy condiments, let's say, like cookies, treats, anything like that."
"What you think you're getting for two bags worth that should be under $100 quite often can be over $100," she adds. "It certainly affects the budget."
The survey also found that 26 per cent of Canadians believe the country is in a recession, while 59 per cent think Canada is headed towards one.
CTVNews.ca Top Stories
'Still so much love between us,' Sophie Gregoire Trudeau says of Prime Minister Justin Trudeau
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
What to know about avian influenza in dairy cows and the risk to humans
Why is H5N1, or bird flu, a concern, how does it spread, and is there a vaccine? Here are the answers to some frequently asked questions about avian influenza.
'I was scared': Ontario man's car repossessed after missing two repair loan payments
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
opinion The special relationship between King Charles and the Princess of Wales
Royal commentator Afua Hagan writes that when King Charles recently admitted Catherine to the Order of the Companions of Honour, it not only made history, but it reinforced the strong bond between the King and his beloved daughter-in-law.
Pro-plastic lobbyist presence at UN talks is 'troubling,' say advocates
Environmentalist groups are sounding the alarm about a steep increase in the number of pro-plastic lobbyists at the UN pollution talks taking place this week.
'Too young to have breast cancer': Rates among young Canadian women rising
Breast cancer rates are rising in Canada among women in their 20s, 30s and 40s, according to research by the University of Ottawa (uOttawa).
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
$70M Lotto Max winners kept prize a secret from family for 2 months
During a special winner celebration near their hometown, Doug and Enid shared the story of how they discovered they were holding a Lotto Max ticket worth $70 million and how they kept this huge secret for so long.
Trump's lawyers grill ex-tabloid publisher as 1st week of hush money trial testimony nears a close
After prosecutors' lead witness painted a tawdry portrait of “catch-and-kill” tabloid schemes, defence lawyers in Donald Trump's criminal trial on Friday sought to dig into an account of the former publisher of the National Enquirer and his efforts to protect Trump from negative stories during the 2016 election.