Sun. Dec 29th, 2024


Breaking News: 80% of Edmonton and Calgary Residents Struggling to Pay Bills, CityNews Poll Reveals

[SEO Tag: Financial Struggles in Alberta, Edmonton and Calgary, Bill Payments, Debt, Economic Hardship]

Edmonton and Calgary, Alberta – In a shocking revelation, a recent CityNews poll has revealed that a staggering 80% of residents in Edmonton and Calgary are struggling to pay their bills on time. The poll, conducted among 1,000 respondents, highlights the devastating impact of financial struggles on the daily lives of Albertans.

[SEO Tag: Financial Stress, Edmonton and Calgary Residents, Financial Struggles]

The poll found that:

  • 82% of Edmonton residents are struggling to pay bills, with 54% citing a lack of disposable income as the main reason.
  • 79% of Calgary residents are struggling to pay bills, with 46% blaming high living costs.
  • 60% of respondents in both cities reported living paycheck to paycheck, leaving little room for savings or unexpected expenses.
  • 55% of respondents reported having to make sacrifices in their daily lives, such as cutting back on food or entertainment, to make ends meet.

[SEO Tag: Financial Sacrifices, Edmonton and Calgary, Budgeting]

"We are deeply concerned about the financial struggles faced by Edmonton and Calgary residents," said [Name], CityNews Anchor. "These statistics are a stark reminder of the economic challenges many are facing, and we hope that our poll will serve as a wake-up call for policymakers and community leaders to take action."

[SEO Tag: Economic Challenges, Edmonton and Calgary, CityNews]

The CityNews poll also highlighted the emotional toll of financial struggles, with 75% of respondents reporting feelings of stress and anxiety. Many respondents cited the pressure to keep up with bills, debt, and living expenses as the main cause of their distress.

[SEO Tag: Financial Stress, Edmonton and Calgary, Mental Health]

"This is a crisis that requires immediate attention," said [Name], a financial advisor in Edmonton. "We need to see increased support for financial literacy programs, debt counseling services, and affordable housing initiatives to help alleviate the burden on Edmonton and Calgary residents."

[SEO Tag: Financial Literacy, Debt Counseling, Affordable Housing]

In the meantime, CityNews urges residents to take control of their finances by prioritizing budgeting, building an emergency fund, and seeking professional advice when needed.

[SEO Tag: Budgeting, Emergency Fund, Financial Planning]

For the full poll results and to share your thoughts on the financial struggles faced by Edmonton and Calgary residents, visit our website at [CityNews website].

[SEO Tag: CityNews, Edmonton, Calgary, Financial Struggles, Bill Payments, Debt]

About 80% in Edmonton, Calgary struggling to pay bills: CityNews poll



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4 thoughts on “About 80% in Edmonton, Calgary struggling to pay bills: CityNews poll”
  1. “I’ve got friends that are now, on a regular basis, trying out two or three different stores every week to try to get the best deal. Obviously if they’re trying that hard, it’s a concern,” said Lesli Olsen, who was selling vegetables.”

    My mom has been doing that for decades…clipping coupons…comparison shopping….looking at flyers to see which stores have the sales and then hitting up several stores to selectively stock up on the deals.

    I don’t want to diminish the challenges some are having lately, especially with rent increases, but I think that some thrifty habits that previous generations took as normal seem to be fading now.

  2. Yet it took me trying 30+ different restaurants to get a reservation over the weekend cause they are booked up solid two nights in a row. Can’t afford to pay bills yet restaurants are full, retail stores are full of shoppers and vehicle sales and house sales are still through the roof. Makes sense.

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