Economy


Economy Survey

Relationship Wars: Spending a source of conflict for as many as one in three (32%) couples

Vast majority (82%) feel financially compatible with their spouse, though more than one in three (35%) think their spouse spends too much money
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.
Economy Survey

Changing Resolutions: Almost Half (42%) Have Changed Financial New Year’s Resolutions in Response to Cost of Living Concerns

Over Two-Thirds (68%) Have Set Financial Goals for Themselves and Yet Majorities Do Not Have a Financial Plan (69%) and/or Household Budget (60%)
Economy Survey

2023 IG Financial Confidence Index: A Continuation of the Downward Trajectory Started Last Year

Concerns over the direction of the Canadian economy are driving pessimism.
Economy Survey

Pessimism Mounts About Future of Economy and Affordability

Vast majority are concerned about the affordability of life in Canada (89%) and the direction of the nation’s economy (86%)
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.
Economy Survey

Four in 10 (40%) Canadians Have Trouble Sleeping at Night due to Financial Stress

Nearly Two Thirds of Millennials (63%) and Gen Z (63%) Say Financial Worries are Negatively Impacting Their Mental Health
Housing Survey

Canadians Increasingly See Owning a Home for the Rich; Many Renters Giving Up

73% (+4 pts) Agree Owning a Home in Canada is Now Only for the Rich
Housing Survey

Canadians See Cutting Immigration and International Student Targets as a Temporary Solution to Ease Housing Shortage

74% Agree More Homes Need to be Built to Lower Housing Prices and Make Housing More Affordable