Impacts of rising prices on Canadians

Release date: June 9, 2022
Infographic: Impacts of rising prices on Canadians
Description: Impacts of rising prices on Canadians

Nearly 3 in 4 Canadians reported that rising prices are affecting their ability to meet day-to-day expenses.

Those in the bottom three household income quintiles have been affected more by rising prices.


Table 1
Table summary
This table displays the results of Table 1. The information is grouped by Income quintile (appearing as row headers), Percentage of those whose ability to meet day-to-day expenses is affected somewhat or a lot by rising prices (appearing as column headers).
Income quintile Percentage of those whose ability to meet day-to-day expenses is affected somewhat or a lot by rising prices
Lowest quintile 85%
Second quintile 78%
Third quintile 77%
Fourth quintile 66%
Highest quintile 56%

In the past six months, Canadians were affected most by rising food prices, followed by rising transportation and housing costs.


Table 2
Table summary
This table displays the results of Table 2. The information is grouped by Areas most affected by rising prices... (appearing as row headers), Percentage (appearing as column headers).
Areas most affected by rising prices... Percentage
Food 43%
Transportation (including gasoline) 32%
Housing 9%
Household operations 8%
Recreation 5%
Education 2%

1 in 5 Canadians said it is somewhat or very likely that they will have to obtain free meals or food from community organizations if food prices continue to rise over the next six months.

To cope with rising prices, many Canadians have adjusted their spending habits and lifestyle over the past six months.


Table 3
Table summary
This table displays the results of Table 3. The information is grouped by Changes in spending habits in the past six months (appearing as row headers), Percentage (appearing as column headers).
Changes in spending habits in the past six months Percentage
Sought sales and promotions 50%
Purchased cheaper alternatives, brands or items 47%
Delayed making a purchase 45%
Often or sometimes borrowed money to meet day-to-day expenses 27%
Delayed buying a home or moving to a new rental 24%
Had to draw on savings to pay for expenses 24%

Source: Statistics Canada, “Rising prices are affecting the ability to meet day-to-day expenses for most Canadians.” The Daily. June 2022; Portrait of Canadian Society – Impacts of Rising, April 19 to May 1, 2022.

Report a problem on this page

Is something not working? Is there information outdated? Can't find what you're looking for?

Please contact us and let us know how we can help you.

Privacy notice

Date modified: