Canadians are putting off big purchases as prices climb

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Canadians are putting off big purchases as prices climb
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Persistently high inflation is prompting more Canadians to hold off on buying big\u002Dticket items, a new poll finds. Read more.

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Over a third of Canadians say they’ve cancelled a major purchase because of higher prices, according to a survey by Nanos Research Group for Bloomberg News. That’s up from 23 per cent last May.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

. It’s a trend that’s likely to continue as growth gears down: Most economists expect the country to enter a technical recession in the first half of this year.

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