Tag: canadians

The wealth of billionaires Canadians increased by 51%. And the others…

TORONTO – The majority of the world’s wealth is in the hands of 1% of the population. A disconcerting figure, what emerges from the latest report by Oxfam, published in conjunction with the start of the World Economic Forum in Davos in Switzerland, according to which in the last two years the 1% of the richest people have accumulated almost two thirds of all the new wealth created in the world. 

One in five Canadians don’t eat to save money

TORONTO – There are those who use discount coupons, those who reduce household waste, buy cheaper and less healthy food but there are also those who skip meals: one in five Canadians do it. Families, therefore, are trying them all to save money, in the midst of a crisis that sees prices continue to rise: even though the country’s annual inflation rate dropped slightly to 6.9% in September, the cost of food has in fact continued its run, reaching an increase of 11.4% compared to a year ago (at a pace not seen since 1981). Shopping has now become an odissey.