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How bad is the cost of living crisis in Canada?

I watched this YouTube video https://youtu.be/WP-ktk7Tt6w?si=hnKOC08_KYGn8UBW

How bad is it over there and how widespread? As a foreigner I thought my country was bad. How bad is it for people on average wages? Is it really hard to pay the rent and put food on the table or is that just a small minority who don't know how to manage their money?

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