Voice Your Opinion

Canadian Consumer confidence hits seven year low according to Conference Board of Canada. Part of the reason could be the gas price hike, Conference Board noted.

This makes sense. Consumers are more careful buyers now, with income not increasing at the ratio of inflation. I, sometimes, try to remember the $0.56/litre 6 years ago. Gas price has been increasing last few months. It is, of course, having a domino effect on everyone's life style. More cost for commuting to work, to fun places during vacation or even day to day shopping.

Food price is on the rise. In last one month price of rice went up 110%, I checked today at the grocery store. Same goes for Red onions, to name a few. Fuel surcharge is being applied to quite a few transportation industries including ferry services.

I think this is the high time that the Canadian government should come up with a plan to encourage businesses to increase salary of the employees. How?