38% of British Columbians adopt cost-saving measures due to high living costs, with food being the most cut back.

A recent Ipsos survey for the MNP Consumer Debt Index reveals that 38% of British Columbians are adopting cost-saving measures like carpooling and bulk buying to cope with high living costs. They are more likely to cut back on food than other Canadians. The average monthly surplus in B.C. is $1,093, the highest in five years, yet 37% of residents remain close to financial insolvency, reflecting ongoing economic pressures.

October 28, 2024
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