Adopting a pet can enrich your life in countless ways, but it's important to budget properly for costs now and in the future.
Adopting a pet can enrich your life in countless ways, but it's important to budget properly for costs now and in the future.
"You’re going to want to inquire about the fees for general exams, the things that we anticipate. And then any supplements or medications that you expect you’re going to need to pay for on a regular basis — like that flea, tick, heartworm medication for dogs.” Recent inflation on pet food and products has been above overall inflation in Canada, increasing almost 13 per cent from 2022 to 2023, according to PetFoodIndustry.com. That's far above the two per cent pre-pandemic price growth seen from 2019 to 2020.
“I am an adviser, and I’m also my chief insurance adviser,” Marques said. “And I’ve got insurance on myself and my spouse, but I don’t have it on my cat.” “We have to think about boarding our dog at a kennel, dog walking, or, again, having somebody you know coming into your home and actually staying with your pets.”
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