By Jack Clark

Recent survey suggests Canadians are depending more on credit

Dec 12, 2022 | 4:06 PM

PRINCE GEORGE- A recent survey conducted by the Salvation Army shows that more than half of Canadians have had to cut costs due to the rising cost of living.

This means more people are depending on food banks and other resources.

“We’re seeing people on lower fixed incomes no longer being able to afford the groceries that they could even a year ago,” said Melody Desmarais of Beverley & Associates Inc.

The local branch of the Salvation Army has noticed similar trends to the survey.

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“They seem to be within part of what we are here through chatting and such like that,” said Roy Law, who is with the Salvation Army of Prince George.

Fifty-two per cent of those polled reported food-related budget challenges over the past year, up thirty-nine per cent from the year before.

This means more Canadians are depending on their credit cards, which leads to long-term problems.

“The working poor, we call them,” said Desmarais. “That’s people who are working at either minimum wage jobs or, part-time. That paycheck is no longer enough to buy the food and necessities that they were able to do two or three years ago.”

As of November, the Basic cost of living in Prince George was $21.19.

by Jack Clark

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Recent survey suggests Canadians are depending more on credit

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