63% low income Canadians worried about impact of inflation on food, housing | Global News
February 9, 2022 | A recent report by Statistics Canada has found that more than 63% of Canadians belonging to a low-income household are worried about the impacts of inflation on food, housing and other expenses. Director Chris Ragan mentioned that the increase in prices hurt low-income households more. However according to Ragan, this is not solely due to inflation.
" Even in the absence of inflation, we deal with this issue because we've always had low-income households. I would not say we necessarily have the perfect set of income supports for low-income families." he said. He mentioned that an ideal solution would be to think about programs that are targeted at helping those low-income families, but also to implement policies to reduce inflation itself.
