Bayshore Broadcasting Corporation
News Centre

News Centre


Thursday, January 2, 2020

What's Going To Cost More In 2020?

Barrie | by Bayshore News Staff  

Some of the areas where you can expect to spend more this year include: groceries, housing, taxes, and gasoline.

As a New Year begins, residents are being warned about some potential price hikes.

Some of the areas where you can expect to spend more this year include: groceries, housing, taxes, and gasoline.

According to a recent report from researchers at Dalhousie University and the University of Guelph, food prices are expected to rise between two and four per cent.

You can also expect to pay more into the Canada Pension Plan in 2020, while experts say gas prices are expected to rise within a couple cents a litre this year compared to what we saw in 2019.

A cash fare to ride the bus in Orillia is increasing by $0.10 from $2.50 to $2.60 and there will also be price changes to bulk ticket fees.

The increase was approved by Council as part of the 2020 budget process.
 

 

share this story



Bayshore Broadcasting Corporation
© 2020 Bayshore Broadcasting Corporation

Web Site by Websmart Inc