Economy


Economy Survey

Two in Five (38%) Married or Common-Law Canadians Consider Themselves to Be Struggling Financially

At Least One in Five Canadian Couples Are Having Relationships Affected By Current Financial (27%) or Debt Situation (20%)
Economy Survey

Canadians Believe Lack of Income (48%) and Too Much Debt (22%) Are Biggest Obstacles in Managing/Investing Their Money

While Canadians Cite Many Other Obstacles to Their Financial Management and Investing, Only One in Ten Say Lack of Confidence (14%) or Time (12%) is a Hindrance
Economy Survey

Most Retired (54%) and Not Yet Retired (78%) Canadians Haven't Determined the Savings Amount Needed to Allow them a Comfortable Retirement

Among Those Who've Determined This Figure, Expected Amount Retired Canadians Need in 2012 Up $8,000 From 2011, While Those Not Yet Retired Anticipate Needing Significantly Less (Down $214,000 from 2011 to 2012)
Economy Survey

Majority (59%) of Canadians Don't Support U.S.-Style
Free Trade Agreement with China

While Three in Five (61%) Support Increased Trade with Asia in General,
Support Less Enthusiastic for Trade with India (56%) and China (51%), Specifically
Economy Survey

While Saving Money (70%) Is Tops For Canadians Not Yet Retired, Two-Thirds (66%) Are Focused on Paying Off Debt to Get Ready For Retirement

More Canadians Worried About Balancing Saving For Immediate Priorities Versus Putting Money Away For Longer Term in 2012 (81%) Than 2011 (77%) and 2010 (76%)
Economy Survey

Four in Ten Canadian Gift Givers Choose to Give a Gift Card When They Want to Provide Options (37%) or Aren't Sure What To Buy the Recipient (36%)

Biggest Frustrations When it Comes to Gift Cards Relate to Expiration (25%) and Activation Fees (20%)
Economy Survey

Four in Five (82%) Canadians Plan on Giving Gifts This Holiday Season; Anticipated Spending Amount on Gifts Consistent With Last Year, Spending on Other Holiday Expenses Expected to Decline

Average Canadian Expects to Spend $1,182 on Holiday Purchases; Savings (56%) and Credit Card (24%) Most Used Means for Financing Such Spending
Economy Survey

Although Half (46%) Always Budget Their Money, One-Quarter (24%) Don't Budget At All

More Canadians Don't Save or Invest For Retirement (44%) and Big Ticket Items (44%), While Four in Ten (42%) Parents Don't Save For Children's Education