Economic Pulse


Amid Pandemic Travel Fears, Canadians Eager to Explore Canada on Vacation

Eight in Ten (83%) Agree There’s Lots to Explore; Half (48%) Are Ready to Travel if They Can Avoid Flying
Housing Survey

Despite Pandemic, 3 in 10 GTA Residents Likely (9% Very/19% Somewhat) to Buy Home in Next 12 Months

Selling Intentions Sharply Down from Last Spring (-15); 2 in 10 (22%) GTA Homeowners Cite COVID-19 as a Reason They are Unlikely to List

Angst Over Jobs, Debt, Finances Causes MNP Debt Index to Drop to Lowest Level Ever Recorded

1 in 3 (34%, +7) Canadians Worry They or Someone in Their Family Could Lose Their Job

Half (51%) of Canadians Not Confident They Will Take a Winter Vacation This Year

Cost Cited as Main Barrier; Average Winter Holiday Now Costs $2,706 (+5%)

Nearly Half of Canadians (48%) Are $200 or Less Away from Financial Insolvency

On Average Have $557 Left Each Month After Paying Bills (-$142); Lowest Since 2016

Nearly Half of Canadians (46%) Would Be Embarrassed to Seek Bankruptcy Help

Stigma Surrounding Bankruptcy Prevents 31% from Seeking Help; More Among Those in Serious Debt (47%) and Millennials (42%)