TORONTO – A new survey says Canadians are feeling less optimistic about their finances, with respondents worried about inflation, income levels and a potential recession at the midpoint of the year.
TransUnion’s Canada consumer pulse study for the second quarter of 2024 found 57 per cent of Canadian households said their incomes are not keeping up with the current inflation rate, while 38 per cent expect payments for bills and loans to increase over the next three months.
