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Rising cost of living worries Canadians, defines Ontario election

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The rising cost of living is worrying Canadians and defining the Ontario election as prices go up on everything from groceries to gas.

In the Greater Toronto Area, the average price for a litre of fuel just hit while prices in Montreal . Both are below Vancouver, where prices . Experts predict no immediate relief.

“Usually I put $50 a week,†a driver told Â鶹´«Ã½. “Now I’m putting $80 a week for the same amount of gas.â€

Food prices have also surged.

"Vegetables have gone up in prices, canned goods have gone up in prices, the fruit and everything else,†a shopper told Â鶹´«Ã½. “Even the meat. Meat's ridiculous.â€

The rising cost of living , where the leaders of provincial parties before a June 2 election.

Progressive Conservative leader Doug Ford has pledged to while the Liberals are promising to until 2024. The NDP is proposing to homes, which could help lower utility bills.

"I'm undecided as far as which party, but whoever can take control of the cost of living,†a voter told Â鶹´«Ã½.

Sarika Agrawal says she would spend $100 a week to feed her family of five a year ago. Today she says it costs closer to $200.

"Grocery prices and gas prices: two things they should do something about,†Agrawal told Â鶹´«Ã½.

There has at least been some relief in the housing market. For the second month in a row, the price of homes in Canada dropped, according to data from the Canadian Real Estate Association. The average cost of a Canadian home in April was $746,000, down from a record high of more than $816,000 in Feb. 2022 – a decrease of nine per cent. Although increasing mortgage rates are helping cool the market, houses in Canada are still more expensive than they were a year ago.

The hot housing market in Vancouver is no exception. In the city’s east side, a dilapidated and completely uninhabitable two-bedroom home was .

“There's not a whole lot out there for $1.5 million, strangely enough,†Vancouver realtor David Hutchinson told Â鶹´«Ã½.

Statistics Canada is set to release its latest inflation numbers on Wednesday. While many hope inflation has peaked, data released in April showed inflation had reached a 30-year-high of 6.7 per cent.

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