Ontario is number 1! We rank the highest in, home prices, average tuition rates, auto insurance rates, and now you can add cell phone service to that list.
Not only does Ontario have the most expensive cellphone plans in Canada, but according to a study commissioned by the CRTC, Canada has the highest rates for wireless service in all of the G7 nations, and Australia.
To add to the expenses, Ontario’s hydro rates are climbing faster than every other province in the country.
What is particularly worrying about all of this is, these are all essential services to the average Ontario family. Not everyone can take public transit. Everyone needs a roof over their head.
To top it all off, rumours are rampant that avocados may double in price, not to mention the price of honey!
All joking aside, unless you're an avid avocado eater, to pay for everything, the current generation is relying heavily on gaining a higher education, to secure them a high paying job, to cover costs. Do they get a break on that front? The answer is, no. Tuition is the highest in the country.
When is it time for the government to step in and help families and the next generation with the cost of living? Prime Minister Trudeau has promised to look into lowering real estate prices, but what can he really do without hurting our economy, an economy that is as fragile as it is?
The economy certainly will not strengthen, when the population decides it can no longer afford to live in Ontario.
n order to maximize the potential growth of the economy and maintain the standard of living in Ontario, the current and coming generations must feel confident and comfortable to thrive, as families and individuals within it. Preoccupation with just scraping by, does not foster economic growth, it stagnates it!
It would be in the government’s best interests to address the rising cost of living. Not only for the sake of keeping their jobs, but to watch the next generation grow with ideas and solutions to some of the world’s biggest problems.
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