Cost Of Living In Canada Takes A Hike

In the month of December, the cost of living in Canada went up, and was a percentage higher than the month before. The reports by Statistics Canada showed that the consumer price index went higher by a percentage of 1.5 per cent in 12 months ending with December, with an increase of 1.2 per cent in the month of November.

Transportation and accommodation was part of the propelling force that contributed to the increase and surge in the cost of living. Cost of accommodation also increase by 2.1 per cent, while transportation also contributed to the increase in the price of gasoline which went up by 5.5 per cent.

The cost of food on the other hand didn’t go up and was even lower. The consumer price indexes in six provinces also experienced an increase.