Nearly seven in every 10 Canadians are identifying the cost of living in their area as a major issue, according to a newly released survey.
An Abacus Data poll found that 67 percent of the 1,500 people surveyed earlier this month said the cost of living in their area is the worst they can ever remember it being. Another 21 percent say the cost of living is bad where they live, although they can recall periods when it was even more challenging.
Only 11 percent say the cost of living is not bad, the survey said.
A recent poll in the United States found that 46 percent of Americans say the cost of living is the most challenging they can recall, which suggests that Canadians are experiencing this pressure even more intensely, Abacus Data CEO David Coletto said in the survey report….