Impacts of rising prices on Canadians

Release date: June 9, 2022

More information The Daily release PDF version

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.

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%

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%

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%

More information

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Canada owes the success of its statistical system to a long-standing partnership between Statistics Canada, the citizens of Canada, its businesses, governments and other institutions. Accurate and timely statistical information could not be produced without their continued co-operation and goodwill.

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Statistics Canada is committed to serving its clients in a prompt, reliable and courteous manner. To this end, the Agency has developed standards of service which its employees observe in serving its clients.

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Published by authority of the Minister responsible for Statistics Canada.

Catalogue no. 11-627-M

Frequency: Occasional

Ottawa

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Date modified:: 2022-06-09

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Impacts of rising prices on Canadians