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.
13 Articles
13 Articles
67% of Canadians plan to reduce their spending in 2026 due to cost of living, according to a study by TD Bank.
Two out of three Canadians plan to cut their spending this year, according to a new TD Bank survey.
Two-thirds of Canadians plan to cut spending in 2026 as budgets tighten: TD survey
The survey found 67 per cent of Canadians expect to cut back on spending this year, up sharply from 51 per cent in 2025. The post Two-thirds of Canadians plan to cut spending in 2026 as budgets tighten: TD survey appeared first on Retail Insider.
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
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Bias Distribution
- 78% of the sources lean Left
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