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TD report says two-thirds of Canadians surveyed plan to cut spending this year
- A new report by TD Bank states that two-thirds of Canadians surveyed plan to cut back on spending this year, an increase from 51 percent last year.
- The report highlights that 86 percent of Generation Z and 77 percent of millennials intend to reduce their spending.
- According to the survey, top budget sacrifices include eating out less often at 55 percent and making fewer retail purchases at 53 percent.
- Forty-Four percent of those surveyed plan to spend less on entertainment, such as concerts and sporting events.
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12 Articles
12 Articles
67% of Canadians plan to reduce their spending in 2026 due to cost of living, according to a study by TD Bank.
·Montreal, Canada
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Two out of three Canadians plan to cut their spending this year, according to a new TD Bank survey.
·Montreal, Canada
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TD Survey Shows Canadians Pulling Back Hard on Spending in 2026
TD Bank says most Canadians are heading into 2026 planning to spend less, according to a new survey. The poll found that 67% of Canadians plan to cut back their spending this year, up from 51% in 2025. Nearly six in ten people said they expect to trim their monthly budgets by as much as
Coverage Details
Total News Sources12
Leaning Left7Leaning Right0Center2Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
C 22%
Factuality
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