![]() “These are issues that are above the provincial level,” University of Ottawa economics professor Mario Seccareccia says. There’s little a province can do to rein in sky-high inflation, experts say.įactors pushing up prices, such as the war in Ukraine, supply chain issues and strong demand for goods, are all outside the control of a province, they say. Lower income families and individuals spend more on essentials like food, housing and transportation and when prices go up they have less ability to absorb those higher costs.” “Nobody’s happy about rising prices but inflation doesn’t affect everybody equally. ![]() Now inflation has made it even more expensive to live here,” says Sheila Block, senior economist with the Canadian Centre for Policy Alternatives. “Life wasn’t very affordable in Ontario - particularly in Toronto - before inflation kicked up. It indicated the top issue for Ontario voters heading into the election is reducing the cost of living, followed closely by improving housing affordability and accessibility. Sixty-two per cent of Ontarians who responded to an Abacus Data survey in April said their household income was falling behind the cost of living. A recent poll suggests the spiraling cost of everyday goods is a key issue for Ontario voters.
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