Inflation

Inflation vs. Income in Canada: Are Canadians Actually Keeping Up?

Inflation vs. Income in Canada: Are Canadians Actually Keeping Up? Your paycheque is bigger than it was a few years ago. So why doesn’t it always feel that way? Groceries cost more. Housing costs more. Cars, insurance and everyday services cost more too. While Canadian wages have risen, so has the cost of maintaining our everyday lives. This article looks at the numbers behind that gap and asks a simple question: Are Canadian incomes actually keeping up with the rising cost of living?