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.
26 Articles
26 Articles
Canadians cut their spending in the face of tariff turmoil
A survey by the insolvency firm MNP suggests that Canadians' perspectives on their personal finances have improved, although they have taken steps to reduce their spending in a context of economic turbulence.
Canadians Cutting Spending, Delaying Purchases Amid US Tariffs: Survey
A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil. The latest MNP Consumer Debt Index conducted by Ipsos rose nine points to 88 this quarter over the previous one. About three quarters of those surveyed have cut back on their spending or delayed major purchases due to uncertainty around U.S. tariffs and their potent…
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