Majority of Canadians fearful about feeding their families as economic anxiety grows: poll
was 6.9 per cent, down from a peak of 8.1 per cent in June but still well above the central bank’s two per cent target. The rate has stayed steady over the previous two months.suggests food prices will continue to rise another five to seven per cent over the course of 2023.
Simpson says for younger Canadians who were disproportionately impacted economically by the COVID-19 pandemic, the current economic situation is akin to being thrown “out of the pot and into the frying pan.”“It’s no wonder that younger people are feeling a little bit pessimistic, a little bit down right now because they seem to be hit with one challenge after another,” he said.
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