Canadian Household Financial Difficulties and Inflation Quiz

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Questions and Answers

What was the year-over-year growth in the Consumer Price Index from June 2022 to September 2023?

  • 5.9%
  • 8.1%
  • 3.8% (correct)
  • 6.0%

In October 2023, what proportion of Canadians aged 15 and older were living in a household experiencing difficulties meeting financial needs?

  • 33.1% (correct)
  • 35.5%
  • 41.3%
  • 20.4%

Which cost outpaced annual wage growth in September 2023?

  • Transportation
  • Shelter (correct)
  • Food
  • Clothing

In October 2023, who was more likely to be in a household experiencing difficulties meeting financial needs?

<p>People living in a rented dwelling (A)</p> Signup and view all the answers

What proportion of single-earner households with children experienced difficulties meeting financial needs in October?

<p>45.5% (B)</p> Signup and view all the answers

Which racialized population group had the highest proportion of individuals in households experiencing financial difficulties?

<p>South Asian Canadians (D)</p> Signup and view all the answers

In which region of Canada did the highest proportion of persons living in households reporting difficulties meeting financial needs reside?

<p>Southern Ontario (B)</p> Signup and view all the answers

What was the proportion of immigrants living in households finding it difficult to meet financial needs, compared to people born in Canada?

<p>44.7% for immigrants, 30.8% for people born in Canada (A)</p> Signup and view all the answers

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