‘Hopelessness, Desperation’ Growing Among Canadians as Cost of Living Rises: Poverty Council

People cross the intersection at Spadina Ave and Dundas Street in Toronto on Aug. 17, 2023. Canada's GDP per capita contracted by 4.4 percent during the third quarter of 2023, says a report by National Bank Financial. The Canadian Press/Nathan Denette

The rising price of food and housing is causing a sense of “hopelessness” among Canadians, according to a new report from the National Advisory Council on Poverty.

The report, which last week was presented to Parliament, said many households are struggling due to the rising cost of living and inflation.