Wednesday Jan 10th, 2024


TransUnion’s Consumer Pulse showed that Canadians are becoming increasingly concerned about their household finances, with 43% saying that they believe that their financial situations are worse than anticipated.

A clear majority of Canadians (59%) also said that there was no change in their financial capabilities over the past three months, while 21% acknowledged an increase and 19% reported a decrease.

The study found that 48% of Canadians project household income to stay the same over the next 12 months, while 41% believe it will increase and 11% expect it will decrease.

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