LOOK AT THIS! Canadians Forced To Use Payday Loans Just To Buy Groceries

How are people affording groceries?

>> Exactly. How are people affording

groceries? Well, actually, I think I got

the answer to that question and you

might not like it. Payday loans, credit

cards, lines of credit.

>> Oh,

>> nearly half of Canadians are living

paycheck to paycheck. And people are

using payday loans to buy groceries in

Canada.

>> What?

>> Canada is in a depression. But you need

to hear the stories directly from the

people who are in that depression and

going through it who don't have a job

and are having to buy groceries, things

like that. So, we're going to get into

it. So, new survey finds nearly half of

Canadians are living paycheck to

paycheck. We hear this every year, but

more and more people are falling into

that category, as we'll get on to, but

take a listen to some of these stories.

>> Grocery shopping is really difficult.

It's really hard to get good quality uh

fruits and vegetables and protein at a

reasonable price.

>> I used to be able to stay on top of my

bills, have a few bucks in the bank, go

on holidays. I can't do that no more. I

basically work and go home.

>> Food prices are crazy. Rent is crazy.

So, I understand why people would be

living paycheck to paycheck.

>> Almost half of Canadians waiting for

their next paycheck is concerning.

>> So, so that's completely crazy when you

think about the banks. You know, how

many of these people have mortgages? How

many of these people are paying rent to

somebody who depends on that rent to pay

their mortgage and people are losing who

are having their mortgages increased as

well? I mean, we'll get into that and

some of the stories from that. People

are facing the fact that they will be

losing their home. So, rising grocery

costs forcing Canadians to cut meals and

rely on credit. I mean this is the sort

of article headline that you would read

during the great depression and it is

the Canadian great depression. This is

the reality of what you are seeing in

Canada. I mean it's straight out of the

USSR when you think about people doing

this. In fact, no it's not because

during the USSR people couldn't take out

a payday loan to go and buy food. I mean

it's completely mindblowing when you

really think about it. But unemployment,

groceries, all these different things,

they're a common theme of this

depression. So, let's hear some of them.

>> The amount of layoffs and unemployed

people in the city is actually

astronomical. Like, I don't think it's

ever been this bad. Like, every single

person I know has either been laid off,

has been unemployed for like a long,

long period of time, have been applying,

not getting anything back, or they know

someone that knows someone that knows

someone that has been unemployed, that

has been laid off. What is going on?

Like, what is actually going on? Like

there are countless of job postings on

LinkedIn.

>> Economic collapse is what's going on.

>> Nope.

>> Canada is experiencing a depression.

Many people, especially those out of

work. Some of these people have just

been fired from their job. Take a listen

to them.

>> I came home today and I am now

unemployed with 430 other people.

>> Yeah. So, I mean, more and more people

are just being let go. And it's not just

this lady here, but there's others that

we're going to go through. And the other

reality that people are having to face

up to is the cost of groceries, which is

absolutely astronomical.

>> It will take some sacrifices

>> and just keeps rising and rising and

rising. So, we got a few stories about

that. I mean, take a listen to this and

take a look at that. I went shopping at

the grocery store tonight to get

groceries for a meal for my boyfriend

and I and re up on some snacks. Here's

everything I got and how much it cost.

Two chicken breasts, $12. Peppers, $6.

Arugula, $4. Fresh pesto, $7. Mushrooms,

$5. Squash or zucchini, $4. Fresh basil,

$4. Kidney beans, $3. Strawberries, $3.

Crackers $8. Rice cakes $350. Turkey

pepperettes $5. The total for all of

this was $64.

>> The thing is right that you got to think

about that's like two maybe three meals

there. So that is a lot of money.

>> Those are rookie numbers in this racket.

>> And this is groceries, not eating out.

Like $35 for a meal for two people or

$30 for a meal for two people. That's a

lot. So, grocery prices are exploding

and yeah, this is another person that

got let go. So, take a listen to this.

>> I got fired today. I genuinely think my

manifesting is that good that I

manifested this, which I know sounds

crazy, but hear me out. Locked on this

morning, got a message asking if I was

free to chat. Went on and it was my

manager in HR. And then obviously be on

the call letting you go.

>> You know, you'd love to hear, wouldn't

you? What would it be like if she said,

"No, I'm not free to chat right now."

What if they just sent an email out

saying, "You're fired." I mean, how

would have that gone?

>> You are fired.

>> But more and more people like the woman

we went through here, 430 other people

who also got let go, not just her. It's

a story and a theme that we see time and

time again. And then this lady is just

gobsacked by the groceries in North

Vancouver. I had to watch this like 10

times to understand that she said North

Van.

>> Do you want to know what I've discovered

since moving to North Van, which has

made me realize, oh, we are definitely

in a different tax bracket to the

majority of the people up here. There is

no no frrills.

>> There is no no thrills. Ever since I

moved to Canada over 4 years ago, I have

been doing my grocery shop at No Frills

because I have found it to be one of the

cheapest places. Plus, I have always

lived closest to a no frills. And over

the weekend, we did our grocery shop.

Guess how much it came to for two

people.

>> $260.

That is not okay.

>> $260

for two people for groceries. I mean, it

is just completely mindblowing, isn't

it? Who cares? And the price of

groceries is just going to continue to

go up. There's more printed dollars that

are going into grocery stores, inflating

grocery prices.

>> It'll be painful. Um,

you've got that coupled with the cost of

energy that has gone up significantly.

Is an input price to most groceries and

obviously a lot of groceries, they come

by plane, they come by boat, they come

by truck to Canada from a long way away

because Canada can't grow anything

during the winter.

>> It was so cold. So that just adds cost

when you've got fuel prices that are up

like 50 to 60% within just the past

month alone.

>> And that isn't even going to cover us

for the entire week. Like we have not

got enough food

>> what

>> to cover us the entire week. I just How

are people affording groceries

>> exactly? How are people affording

groceries? Well, actually I think I got

the answer to that question and you

might not like it. payday loans, credit

cards, lines of credit.

And as we went through the other day,

you know, the mainstream media is

recommending this. They're saying, "Hey

guys, you know, if you don't have an

emergency fund, credit card, line of

credit, worst comes to worse, payday

loan." If you don't have that emergency