Category Archives: Saving Money

Families could pay up to $420 more for food in 2017

The 7th edition of Canada’s Food Price Report is published for the first time by Dalhousie University. 2016 marked Canada’s lowest monthly average exchange rate in almost a decade. Food price decreases at retail were both surprising and unexpected. Due to a lower Canadian dollar, vegetable prices soared early in the year which prompted Canadians to become more conscious about food prices in general.1 In many ways 2016 was a difficult year to predict as weather patterns, the devalued Canadian dollar, a surplus of agricultural and food stocks, and volatile oil prices drove up food prices.

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Nearly Half of Canadians Shopped for Deals on Black Friday

Ebates.caCanadians seem to have officially adopted our American neighbours’ biggest holiday shopping bonanza, with 46 per cent saying they shopped on Black Friday this year and 37 per cent on Cyber Monday.  And the majority of Canadians who shopped on Black Friday and Cyber Monday did so online – 67 percent and 89 percent respectively. In fact, (bosses, look away) not only did many shoppers stay up late the night before to catch deals, many employees did their online shopping while at work.  45 per cent say they shopped while at work on Black Friday and 41 per cent on Cyber Monday.
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Nearly half of Canadian homeowners aren’t prepared for emergency expenses

Almost half of Canadian homeowners don’t have enough money set aside to deal with a financial emergency, while four in 10 have some difficulty managing common expenses associated with home ownership, a new survey by Manulife Bank of Canada shows.
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