Canadians are concerned about the rising cost of living: Survey Report

 

Based to an RBC survey, rising living costs are causing concern among Canadians. It was also reported that 77 percent of those polled are facing extreme financial insecurity. The majority believe they are suffering significant financial difficulty since the cost of living, rent, and electricity prices have risen. According to the report, financial insecurity has become frequent as inflation erodes savings and jeopardizes financial security.