Financial Security


Canadians Increasingly Feeling Impact of Interest Rate Hike (Up 8 Points in Six Months)

Concern About Rising Interest Rates Drives Fears on Ability to Pay Debts (51%, +5 pts) and Bankruptcy (33%, +5 pts)

One in Four Canadian Retirees (25%) Aren’t Paying Off their Monthly Debts

Credit Cards Top the List of Where Retirees Still Owe

Six in Ten (59%) Canadians Wish They Could Change Their Partner’s Financial Habits

Many Admit to Hiding their Own Poor Financial Habits and Information from Their Partners

Four in ten (42%) Canadians Overspent on the Holidays

Average Amount overspent hits $530 Nationally, $652 in Ontario

Personal Finances Getting Worse: Nearly Half of Canadians (48%) Within $200 of Insolvency Every Month (+6 pts)

More Canadians (38%, +3 pts) Say They’re Already Feeling the Impact of Interest-Rate Rises

One in Three (35%) Canadians Already Feeling Effects of Interest-Rate Increases

Four in Ten (40%) Say if Rates Go Up Much More, they’re Afraid they’ll be in Financial Trouble

Nearly Half (44%) of Canadians are Left with $200 or Less After Paying their Monthly Bills and Debt

Six in Ten (60%) Rate Their Personal Debt Situation as Less Than Good
Government Publication

Public Perspectives: Universal Basic Income

What Do Canadians Think About Universal Basic Income?