Financial pressure building on several fronts for Canadians as Bank of Canada decision looms, poll finds — via financialpost
Since then, evidence has built that Canadians are struggling mightily with the cost of living and higher interest rates, as evidenced byThe survey found that fewer people said their financial situation remained the same at 60 per cent down from 65 per cent previously “with the rest proportionately believing they’re worse off,” Maru said in the press release.Article content
Saving for retirement has also taken a major hit, recording the worst result since Maru began tracking that poll question. Those financial struggles naturally spilled over into the household index, which fell for the first time in three months to a reading of 86.Article content
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