Months of inflation and high cost of living spurring Chilliwack residents to make different choices
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CHILLIWACK — “It was hard to find full-time work when I first moved here. Rent is a little more expensive where I’m from, so when I go to the grocery store, I have to really cut back and make different choices,” said Maya, a 24-year-old bartender in the Chilliwack downtown core. “I don’t eat what I want, I eat what I can afford.”
These are sentiments shared by many residents in the current era of sky-high inflation and increases in living expenses.
The situation around affordability in the Fraser Valley has caused some people to make career changes in search of a better income. “I needed more money to make ends meet and just being someone’s employee was not cutting it, so I had to borrow some money from my parents and start a new business from scratch,” said Alex a 33-year-old new business owner.
The challenges facing Alex and Maya are likely indirect but intended causes of the Bank of Canada’s strategy to fight inflation across the country. Their struggles are also signs, the strategy to slow the economy is beginning to pay off.
