A significant proportion of residents are struggling to make ends meet in British Columbia.
Three years ago, initial reports about a virus affecting residents of China began to make their way into the North American airwaves. The effects of the COVID-19 pandemic have been far-reaching, even as most of the world now carries on without restrictions and lockdowns.
While unemployment rates and inflation are regarded as good barometers of economic conditions in a country and province, they do not consider the actual experience of residents who can gauge how far their paycheque goes. When Research Co. and Glacier Media asked British Columbians about the financial situation of their households, we found a province where a significant proportion of residents are struggling.
British Columbians point to four specific disbursements that are taking a toll on their budget. More than four in five of the province’s residents say their grocery expenses are higher now than before COVID-19. There is also a slight increase in the perception that prices for electronic entertainment, such as cable television or streaming services, have increased .
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