Number of ‘Struggling’ Canadians on the Rise Despite Slowing Inflation: Report

A customer browses an aisle at a grocery store In Toronto on Feb. 2, 2024. The Canadian Press/Cole Burston

A growing number of Canadians are struggling financially, with nearly half stressed by housing costs and other living expenses, according to a recent survey.

One-in-three Canadians (32 percent) now fall into the “struggling” category, up from one-quarter two years ago, said the Angus Reid Institute (ARI) in its July 9 report. In addition, the number of Canadians in the “comfortable” category has decreased to 23 percent, down from 29 percent in 2022.