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Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey

  • Canadians have improved their outlook on personal finances, according to a survey from MNP Ltd. Conducted by Ipsos.
  • About three quarters of Canadians are cutting back on spending or delaying major purchases due to uncertainty around U.S. Tariffs and their potential impact on the global economy.
  • Interest rates remain a concern, but recent cuts have provided some relief, as reported by Ipsos.
  • MNP President Grant Bazian notes that the tariffs have not yet fully impacted household budgets, providing some optimism amidst economic concerns.
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Muskoka Region broke the news in Muskoka Lakes, Canada on Monday, April 14, 2025.
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