Source: David Akin, globalnews.ca, June 08, 2020 Deferrals won’t last forever, and eventually, the bills will come again. The coronavirus pandemic that began as a public health crisis then metastasized into an economic crisis is likely to finish as a debt crisis that could end up swamping not only some governments but also hundreds of… Continue reading Canadian Households Face Huge COVID-19 Debt Crisis
Tag: price
Canadian Municipalities Could Face $20b Budget Shortfall Due to Coronavirus
Source: CBC Radio, cbc.ca, June 07, 2020 Unlike other levels of government, municipalities cannot run a deficit budget by law. Many Canadians may grumble this month as they open their property tax assessments. But by this time next year, that grumble could turn into a scream if municipalities can’t figure out different ways to bring… Continue reading Canadian Municipalities Could Face $20b Budget Shortfall Due to Coronavirus
In Some Regions, Canadian House Prices Could Drop by 25%
Source: THE CANADIAN PRESS, globalnews.ca, May 28, 2020 The drop in home prices will come along with a “historic recession” this year as the economic shock of COVID-19 continues to grow. Canada’s housing agency says it expects home prices and sales will decline substantially this year and still won’t have recovered by the end of… Continue reading In Some Regions, Canadian House Prices Could Drop by 25%
Soaring farmland prices threaten future of farming in Canada
Source: Meredith MacLeod, CTVNews.ca, May 16, 2018 The average price of farmland in Canada has more than doubled in the last 10 years, leading to concerns about the future of agriculture in this country as a large group of farmers retires over the next decade. Farmland prices have increased nationally by 132 per cent since 2007, according… Continue reading Soaring farmland prices threaten future of farming in Canada
Crude reality, Canada: Why it's cheaper to drive, more expensive to eat
Gas prices are dropping to nearly 75 cents a litre in some parts of the country, while costs are rising at the grocery store, as a weak market for crude oil takes its toll on the balance of Canada’s economy. The value of a barrel of oil has plummeted dramatically in the last year, dragging… Continue reading Crude reality, Canada: Why it's cheaper to drive, more expensive to eat
How to eat healthy amid soaring food prices
It can be pretty challenging to stick to a new year’s resolution to eat healthier when you start browsing the aisles of your local grocery store these days. Have you seen the price of a head of cauliflower these days? Or beef? Or lettuce and tomatoes? The cost of food rose 4.1 per cent in… Continue reading How to eat healthy amid soaring food prices
Rise in produce prices hurts Regina food program REACH
Group looking for alternatives as food costs increase A food program in Regina is looking for more affordable options due to higher prices for fruits and vegetables. Regina Education and Action on Child Hunger sells fresh produce to people at discounted prices. The group buys food in large quantities and such bulk-buying allows REACH to pass… Continue reading Rise in produce prices hurts Regina food program REACH