Affordability

• Quebec’s minimum wage now $16.60 per hour

  A study published yesterday by Quebec socioeconomic think tank IRIS shows someone living in Montreal needs to earn about $30 per hour to live above the poverty line.

  Canada

  May 1
  
• Food affordability outweighs taste, nutrition for Canadians: report

  The study found that Canadians are still looking for discounts to save on food, but some are still dipping into savings or borrowing money to buy.

  Canada

  Apr 28
  
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• Mortgage affordability worsens in most major Canadian cities, report says

  In 11 out of Canada's 13 major cities, it became harder to be able to afford a mortgage in February, a new report by Ratehub.ca has found.

  Money

  Mar 26
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• Fuel, food rebates ‘would not bring down’ prices amid Iran war: economists

  The Iran war has raised the price of crude oil beyond US$110 per barrel in international markets, spurring affordability concerns in Canada and around the world.

  Economy

  Mar 20
• Manitoba freezes price of 1-litre milk cartons, weighs caps on larger containers

  Manitoba is freezing the price of one-litre milk for the year and is considering price caps on larger containers as the province reviews grocery affordability.

  Consumer

  Jan 15
• Nearly 85K people homeless in Ontario, up 8% in 1 year: report

  Homelessness is getting worse across Ontario with an estimated 85,000 people who were without a home in 2025, a new report from Ontario's municipalities shows.

  Canada

  Jan 13
• Saskatchewan electricity rate hike to increase other costs, says expert

  Costs of other goods like food and transportation are set to increase as energy rates increase across the province in the coming months, according to an expert

  Canada

  Jan 5
• Lululemon sales fall in North America as consumers tighten their wallets

  Canadian apparel brand Lululemon reported quarterly earnings that showed sales dropped in North America as many Canadians grapple with the high cost of living.

  Consumer

  Dec 12, 2025
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• ‘Prices have not come down,’ says Bank of Canada after holding rates

  The Bank of Canada held its benchmark lending rate unchanged at 2.25 per cent in the final monetary policy update for 2025.

  Economy

  Dec 10, 2025
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• Canadian parents may ‘underestimate’ the cost of raising a family, says RBC

  Most parents are surprised at just how expensive it can be to raise a family amid the high cost of living in Canada, according to the latest survey study.

  Consumer

  Dec 9, 2025