New report finds pet costs are soaring
Posted Jul 19, 2011 05:53:10 AM.
This article is more than 5 years old.
Turns out Canadians are shelling out big bucks for food, vet visits, grooming and little extras for their furry friends.
In fact, the pet industry in Canada has now topped $8.9 billion a year, up 4 and a half per cent, more than twice the rate of inflation.
A new report in The Sun says the emotional value of pets has increased in the past 15 years.
Just under half of all Canadians are pet owners and the average family spending $870 hundred a year.
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