Economic pressures weighing increasingly heavily on Calgarians: survey – Calgary Sun

Oct 03, 2024

‘You’re really seeing the same challenges (as last year), but amplified — affordability continues to be a key issue’

Inflation is easing but economic stressors plaguing Calgarians continue to rise, states an annual quality of life survey.

Cost-of-living pressures are proving persistent for city residents, with just 35 per cent in this year’s survey of 1,000 people conducted for the Calgary Foundation saying they’re optimistic about the local economy, down from 50 per cent in 2023.

The questionnaire from last May and June also found 43 per cent of the population is stressed by financial issues, compared with 33 per cent in 2021.

The figures set a largely sombre tone in what the foundation and social agencies say is a tale of two cities — one of relative comfort, alongside another of quiet desperation and daily trade-offs made to survive a relentless affordability crisis, said Taylor Barrie, spokeswoman for the Calgary Foundation.

Read More: https://calgarysun.com/news/local-news/economic-pressures-weighing-increasingly-heavily-calgarians-survey