The federal Conservatives have gained an eight-point lead over the Liberals as over 70 percent of Canadians do not think the minority government is focused enough on addressing cost of living, housing, or health care, according to a poll by Abacus Data. The survey, conducted online with 1,500 Canadian adults from Jan. 27–30 and in partnership…
Tories Lead Liberals by 8 Points as Inflation, Housing, and Health Care Become ‘Most Important Issues’: Poll
February 1, 2023
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UK House Price Fall for Fifth Month in a Row Amid Grim Economic Outlook
Average house prices in the UK fell for the fifth month in a row in January, as mortgage rates remain at a high level and the cost of living continues to soar. According to the Nationwide building society, the average price of a home slid to £258,297 ($318,817) in January, a fall of 0.6 percent…
Poilievre Says Cost of Government Behind Inflation as Central Bank Raises Rate
Conservative Leader Pierre Poilievre said the cost of government is driving up the cost of living for Canadians, after the Bank of Canada announced today another interest rate hike, bringing its key rate up to 4.5 percent. “Sucker punch. That’s what the government hit Canadians with today by increasing interest rates after Trudeau and his government…
Rising Price of Food Threatens to Adversely Affect Poverty Rates in Canada: Government Memo
January 24, 2023
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An internal government memo states that food inflation is rising so much, it threatens to reverse gains in the national rate of poverty. The memo, called “School Food” from the Department of Social Development, said the average 11 percent increase in grocery food prices “could impact poverty rates in Canada” for years in the future….
Capping Gas Profits Is Not a Good Idea for These Reasons
December 12, 2022
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Commentary Australia’s key decision-makers seem intent on making the worst decisions that they can for the energy sector. The latest federal government plan is to cap gas prices to $12 (US$8) per gigajoule (GJ). Simplistically they think that forcing gas companies to sell at a lower price will combat the increasing cost of living that…
Australians Want Government Intervention to Make Energy Affordable
As rising energy prices continue to hit ordinary Australians hard, a new national survey has shown that the country’s energy consumers want to see more government intervention in the energy market. Energy Consumers Australia (ECA), a national advocacy group that represents residential and small business energy consumers, has found in their latest Energy Consumer Sentiment Survey, that…
After Rent and Food Costs, Little to Nothing Left at Month’s End for 1 in 7 Households: Ottawa Public Health Report
A new report from Ottawa Public Health (OPH) says one in seven households in the nation’s capital city are facing “food insecurity,” defined as “inadequate or unstable access to food due to financial constraints,” with poverty being the root cause. The Nutritious Food Basket (NFB) is a survey normally conducted by the OPH each year in…
UK Households Squeezed as Prices of Budget Supermarket Food Soar
The prices of the cheapest food items in British supermarkets have increased significantly, putting pressure on households already struggling with the surging cost of living. According to the Office for National Statistics (ONS), the lowest-priced food items have increased in cost by around 17 percent over the 12 months to September 2022—an increase from 7…
Majority of Americans Say They Are Suffering Financially This Year Due to Inflation
Record-high inflation is beginning to affect the majority of ordinary Americans’ standard of living this year. More than two-thirds of workers, or 72 percent, admit that they are worse off financially than than in 2021, primarily due to higher prices, according to a report by Salary Finance. This is an increase from the 55 percent…
Hill GOPers Hammer Biden on Latest Inflation Report; Democrats Want to Change the Subject
October 13, 2022
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Inflation remains high at an 8.5 percent annual rate of increase, according to the last such report to Americans before they vote on Nov. 8, and congressional Republicans appear set to remind them of it every day between now and the election. But even as Hill GOPers issued a blizzard of news releases and Twitter…
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