46% of Canadians adjust spending habits due to rising living costs, with 28% eating less and 51% shopping strategically.
A recent MNP Consumer Debt Index survey reveals that nearly half of Canadians are cutting back on dining out and adjusting spending habits to cope with rising living costs. Approximately 28% are eating less, while 51% are shopping more strategically. Cost-saving measures are especially prevalent among younger Canadians and those in British Columbia and Alberta. Despite some financial optimism, many remain worried about their debt repayment capabilities.
October 16, 2024
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