Happy New Year, Surrey – now get ready to pay more

Like to eat? Here’s no treat: the average Canadian family is forecast to spend $411 more in groceries

When is it ever not getting more expensive to live?

Right?

The year 2019 does not appear to be aspiring to be an exception to that rule.

Locally, the city tax hit increase for the average single-family Surrey household will roughly be about $128.21.

In 2018 it was $154.07, and $137 in 2017.

Natural gas will cost nine per cent more in B.C. effective New Year’s Day, with most residential FortisBC customers to pay about $68 more in 2019.

COMPARE, IF YOU DARE: What will cost you more in Surrey in 2018

If you like to eat, here’s no treat: According to Canada’s Food Price Report 2019, a joint undertaking by Dalhousie University and the University of Guelph, the average Canadian family is forecasted to spend $411 more in groceries during the coming year, to a rough total of about $12,157 in 2019.

The biggest price increase will be in vegetables, with costs expected to rise by four to six per cent.

According to the report, climate change with be a “significant” driver and geopolitical risks, “very significant.”

And speaking of drivers, don’t put your wallet back in your pocket quite yet.

On Dec. 14, the Insurance Corporation of B.C. filed an application with the British Columbia Utilities Commission asking for a 6.3 per cent increase to basic insurance rates.

If approved, it will mean an average increase of about $60 for motorists, effective April 1.

On the home front, landlords will be permitted to increase residential tenancy rents by a maximum of 2.5 per cent this coming year.

Here’s no surprise: BNN Bloomberg says gas prices are expected to rise during a “volatile” new year.

And, oh yeah, the Bank of Canada is expected to roll out three more interest rate hikes by the end of 2019.

Joy.



tom.zytaruk@surreynowleader.com

Like us on Facebook Follow us on Instagram  and follow Tom on Twitter

YEAR 2018Year in Review

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Wally Oppal says policing ‘too important’ to be left to the police

Oppal was keynote speaker at a Surrey Board of Trade “Hot Topic Dialogue” breakfast event Wednesday

Surrey man charged with murder in West Kelowna tries to change guilty plea

Following an shocking guilty plea on Feb. 25, Tejwant Danjou applied to retract that plea on Feb. 26

17 medals for Delta athletes at 2020 BC Winter Games

More than 1,000 athletes from across the province competed in Fort St. John Feb. 20-23

Surrey skater speeds his way to four golds, a silver at BC Winter Games

‘I just really enjoy going fast on the ice,’ says Barnett Liu, 14

‘Urgent’ need for Metro Vancouver homeless count volunteers

Organizers say another 100 people are sought to help in Surrey and Burnaby

VIDEO: Minister says consider coronavirus outbreak when planning for spring break

Foreign Affairs minister points to rash of new cases appearing in places like Italy and Iran

Donations pour in for family who lost father, son in fatal crash on B.C. highway

Mike Cochlin and sons Liam and Quinn were travelling on Highway 5A

Alberta tourist dies after plunge from 70-metre cliff in Stanley Park

The 26-year-old hopped a fence at Prospect Point on fell to a walkway below, police said

B.C. man who pulled a gun on off-duty cop gets two years in prison

Encounter also led police to a home where 100 guns and explosives were found

New Westminster woman’s ‘out of character’ disappearance probed by police

She left without telling anyone, prompting investigation by Major Crimes Unit, police say

EDITORIAL: Fraser Health needs to be transparent to fight coronavirus panic

Fraser Health and other authorities are not helping by being vague in recent communications

Riverdale actress Lili Reinhart rescues puppy from Langley shelter

American actress named her adopted pup Milo

How clean is your favourite local restaurant or café?

Online inspection reports allow consumers to find health hazard of all food facilities in region

Most Read