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As inflation soared, parents were worried about putting food on the table: Ipsos polls-nationwide

Nearly four in five Canadians are worried or very worried about rising inflation, and a new Ipsos poll dedicated to global news was found.

Canada’s annual inflation rate reached 4.7% in October, the fastest pace in almost 19 years. Soaring living costs are a major concern for 78% of Canadians found in polls. Only 6% said they weren’t worried about price increases at all.


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Canada’s inflation rate soars to 4.7% in October


Canada’s inflation rate soars to 4.7% in October

According to an Ipsos study, parents are most likely to worry about inflation. Six out of ten respondents with children under the age of 18 said they were concerned that they might not have enough money to support their families.

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“People who are really slapped by what’s happening with inflation and rising living costs are very volatile members of the young population trying to break into more stable jobs,” said Darrell Bricker, CEO of Ipsos Public. increase. Office work.

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“They are struggling to pay for very expensive real estate in our major cities, and struggling to set up and nurture families that people take for granted.”

Canada’s national average home price reached $ 716,585 in October 2021, up nearly 33% since the start of the pandemic, according to data from the Canadian Real Estate Association.


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In Saskatoon’s grocery story, Amanda Dyke says that a family of five eats about $ 200 a month more than they used to.

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“Fruits and vegetables are the worst,” she says. “Recently, they really can’t afford it, but when you have kids, they need them. What can you do?”

To keep costs down, Dyck says he relies more on frozen meals, hoarding produce at the time of sale, freezing or canning, and buying meat from local farmers.

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Both supply chain roars and extreme weather contribute to rising food prices in Canada and around the world. The Food and Agriculture Organization of the United Nations said in early November that global food prices have risen by more than 30% over the past year.


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Food inflation was 3.8% in October, but experts warn that Canadians could be hit by more sticker shocks in grocery stores after growth in Canada and parts of the United States. I am.

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Beef prices this month are already 14% higher than the previous year. This partially reflects the effects of the severe drought that plagued western Canada and the western United States and forced many ranchers to liquidate more shares than usual. Of their flock.

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The British Columbia floods are also having a major impact on Canada’s food supply chain. The devastating floods hit local farm production and temporarily blocked the Port of Vancouver. The Port of Vancouver is an important gateway for both food imports and Canadian agricultural products traveling abroad.

According to an Ipsos poll, Alberta poll respondents were most likely to raise concerns about their ability to support families across the country.


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54% of Albertans are worried about putting food on the table, compared to 49% in Quebec, 48% in Atlantic Canada, 44% in Saskatchewan and Manitoba, 40% and 38% in Ontario. I said that I am doing it.BC However, the survey was partially carried out before the flood began in BC

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“Alberta has been in a very financially unstable position long before what’s happening, so people are already afraid of economic changes,” says Bricker. ..

Inflation concerns generally reflect the psychologically volatile effects of rapidly rising prices, Bricker says.

“What (inflation) does is that it shakes their sense of stability, and when we shake someone’s sense of stability, regardless of what the objective aspect of their financial situation is. , They start to feel more anxious than the day before. “

The Ipsos poll was conducted on behalf of Global News from November 12th to 15th, 2021. In this survey, we interviewed a sample of 1,001 Canadians over the age of 18. Allocations and weighting were adopted to ensure that the composition of the sample reflected the composition of Canada’s population according to census parameters. The accuracy of Ipsos online voting is measured using confidence intervals. In this case, if all Canadians over the age of 18 were voted, the vote would be 19 out of 20 with an accuracy of ± 3.5 percentage points. Confidence intervals are wide between a subset of the population. All sample surveys and votes can cause other errors, including but not limited to coverage and measurement errors.

© 2021 Global News, a division of Corus Entertainment Inc.



As inflation soared, parents were worried about putting food on the table: Ipsos polls-nationwide

Source link As inflation soared, parents were worried about putting food on the table: Ipsos polls-nationwide

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