Many Canadians remain worried about their finances amid uncertain economic conditions, according to survey data released Tuesday, even as a quarterly snapshot of consumer debt showed a rebound from last quarter’s all-time low.
The MNP Consumer Debt Index, which measures Canadians’ attitudes towards their debt and ability to meet their financial obligations, increased by 12 points to 89, up from the “all-time low” of 77 last quarter.
“This reflects the lingering concerns many have surrounding inflation and interest rates. Many lower-income Canadians cannot find a financial comfort zone," Bazian said in a news release. “There isn’t much financial wiggle room in many household budgets, which illustrates the toll of higher interest rates — especially for those who can least afford it.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Posthaste: More Canadians in 'terrible' financial shape as they tap savings to cope with rising pricesAngus Reid poll finds the highest number of Canadians are struggling to make ends meet since the dark days of the pandemic. Read more
Lire la suite »
Posthaste: More Canadians in 'terrible' financial shape as they tap savings to cope with rising pricesAngus Reid poll finds the highest number of Canadians are struggling to make ends meet since the dark days of the pandemic. Read more
Lire la suite »