If it feels like you’re paying more than ever for your mobile or landline phone service, it’s because you are.
According to a new report by Bloomberg Business, the cost of a phone plan in Canada increased by 7.6% between August 2013 and 2014. That 7.6% increase is the largest jump in the cost of mobile and landline phone use in over 30 years. It’s also the largest jump in cost since the Motorola introduced consumers to the first mobile phone.
The increase coincides with the CRTC’s attempts to stop carriers from forcing consumers in to three year mobile contracts and increasing data usage among mobile phone users.
Not that any of that makes it any easier for those of us stuck with a contract with one of the Big Three. [via Toronto Star]