DEARER LIVING IN CANADA

Nelson Evening Mail, Volume 77, 11 August 1942, Page 6

DEARER LIVING IN CANADA

COST OI -LIVING BONUS GRANTED Ottawa, Aug. 5. Commencing on 15th August one million Canadian wage earners, it is estimated, will receive an additional cost-of-living bonus of 60 cents weekly in consequence of a 2.4 point increase in the cost of living index since October, 1941. when the bonus was last adjusted. The increase raises the total bonus to 4.25 dollars weekly. Bonus changes are worked out on a basis of 25 cents a week for each full point rise or fall in the cost of living index as computed b.y the Dominion Bureau of Statistics. This is the first adjustment of the bonus since the price ceiling became effective. Mr Donald Gordon, chairman of the Wartime Prices Board which administers the ceiling, in a statement says 90 per cent, of the increased cost of living since October is due to increases in food prices. Beef and potatoes had accounted for 87 per cent, of the total movement in food prices. While norma 1 seasonal fluctuations took place in the prices of these commodities they were accentuated this year by special circumstances. "It is to be expected,” the statement adds, "that by Ist October the greater part of these seasonal movements will have been reversed and the cost of living index will be much closer to what it was on Ist October, prior to the establishment of the price ceiling.”