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Economic Pulse

Economic Pulse

Society Survey

The AI Revolution: As Many As One in Three (33%) Canadians Already Embracing AI for Financial Management

But Over Two-Thirds (68%) Acknowledge AI Limitations, Perceiving it as Being Incapable of Factoring Human Emotion into the Financial Calculus

07.30.24

Economic Pulse Survey

Summer Vacation Budgets Heat Up: Higher Proportion Expect to Spend More (20%) than Less (15%) on Travel, this Summer, Compared to Last Summer

Around Half (48%) Admit they Often Spend More than they Should

06.19.24

Around half of Canadians do not feel knowledgeable about investing

Investors Survey

Many Canadians do not feel knowledgeable about investing and/or comfortable investing their own money

Perceived lack of investing knowledge and fear of losing money most commonly cited as reasons for lack of comfort investing, among investors

05.15.24

Economy Survey

Waiting it Out: Most (72%) of Canada’s Aspiring Homeowners Anticipate Delaying New Home Purchase Until Mortgage Rates Drop

Majority (56%) of Non-Homeowners Think Home Ownership Dream is Unattainable

05.01.24

Inflation Survey

Worries About Cost Of Living Remain High As End Of 2023 Draws Near

At the end of 2023, nearly seven in ten (69%) Canadians report they are concerned about their ability to absorb any unexpected costs of $1,000 or more.

01.01.24

Over seven in ten (73%) Canadian business leaders view the nation’s long term economic outlook optimistically

Economy Survey

Canadian Business Leaders Optimistic in Face of Economic Headwinds

Over seven in ten (73%) Canadian business leaders view the nation’s long term economic outlook optimistically, but a similar proportion (71%) expect a recession in the next six months.

11.22.23