Record number of Canadians sour on state of economy as financial woes spread: poll

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

More Canadians have soured on the economy as pressure builds from a growing set of financial challenges, an ongoing poll said. Read on.

as pressure builds from a growing set of financial challenges, according to the latest reading from an ongoing poll tracking household sentiment.The poll accompanying the Maru Household Outlook Index for September found that 70 per cent of people believe the economy is on the wrong track, the highest reading since that question was first asked in February 2021.

For example, 30 per cent of Canadians said they were worse off in September than they were the month before, an increase of five percentage points. A majority — 53 per cent, up four percentage points — indicated they are worried about their personal and day-to-day finances.More people said they struggled to make ends meet with 15 per cent describing the struggle as “acute.”

For example, one in four respondents indicated that they might not be able to keep a roof over their family’s head over the next two months. That finding was up six percentage points from the last poll and was “the highest level recorded since July 2020.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines