Canadians will eat less and walk more in 2023
Wages and prices, inflation and the bank rate are among the most discussed topics among Canadians. Forecasts on pricing policies for major spending categories.
Tough economic conditions around the world are forcing the Canadian government to act accordingly. And even though many provinces are promising hourly wage increases, living costs will not be small. Canadians are worried because they have families to feed, cars to fill and houses to pay for.
Analysts predict that gas prices will rise in 2023. During the holidays, the cost went down slightly, but it will rise even higher than the previous year. It is possible that very soon the price per litre of gasoline will be $2 CAD or higher. And that will be the average price across all provinces. Gas, oil, diesel and gasoline will start getting more expensive after the second week of January.
But it is predicted that by April the decline will begin. We have to consider that the federal carbon tax will increase significantly.
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