Transportation, mortgages take bulk of Canadians’ spending budget

Consumption patterns have tilted in recent years: Canadians are spending more on mortgages, gardening, health insurance premiums and bank service fees, and a dwindling amount on reading materials and furnishings.

Statistics Canada’s annual survey on spending habits shows household expenditures on goods and services rose 4.1 per cent to an average of $58,592 in 2013 from a year earlier.

Read this article HERE.

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