Nearly half of Canadians report that rising prices are greatly impacting their ability to meet day-to-day expenses

In spring 2024, nearly half (45%) of Canadians reported that rising prices were greatly affecting their ability to meet day-to-day expenses, 12 percentage points higher than what it was two years earlier (33%).

These results come from the most recent cycle of the Canadian Social Survey, collected from April 19 to June 3, 2024, which focused on indicators from the Quality of Life Framework for Canada and the impact of rising prices. The Quality of Life Framework for Canada is a set of 84 indicators used to measure the overall well-being of Canadians, aiming to inform future policy priorities and improve evidence-based decision making.

This release relates to how rising prices are affecting the ability of Canadians to meet their day-to-day expenses, their concerns with housing affordability, the likelihood that they will obtain food or meals from community organizations, their financial stress, and the relationship between financial stress and quality of life.

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For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136514-283-8300infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

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