Mini-investigation – Chapter 3
Ana Duff, adapted from work by J. Olivier and D. Lippman
Canadian Household Spending
Background
Statistics Canada runs the a national, biennial Survey of Household Spending (SHS) survey that gathers information on the spending habits of Canadians. It looks at how much households pay for food, clothing, shelter, transportation, health care and other items. This information helps help governments, economic and social policy analysts, community groups and businesses serve Canadians better.
Additionally, Statistics Canada collects and analyzes data to create the Consumer Price Index (CPI). CPI measures price change by comparing the cost of a fixed collection of goods and services over time. More information on how CPI is build can be found on Statistics Canada’s Consumer price index portal.
(Adapted from Survey of Household Spending (SHS), Statistics Canada, https://www.statcan.gc.ca/en/survey/household/3508, and Consumer price index portal, Statistics Canada, https://www.statcan.gc.ca/en/subjects-start/prices_and_price_indexes/consumer_price_indexes)
Assignment
- Find the All-items Canada CPI for years 2017 and 2019. (Search: Statistics Canada CPI annual average)
- Find the Statistics Canada’s Average total expenditure per household in Canada for years 2017 and 2019.
- In real dollars, were Canadian households spending more, less or about equal in 2019 than they did in 2017? By what percentage? Justify your answer.
Attribution: Created by Ana Duff (Ontario Tech University), published under Creative Commons Attribution-NonCommercial-ShareAlike licence (CC-BY-NC-SA)
Any modifications to this case study may affect its solvability and caution is advised.
