A new poll indicates Canadians are making increasingly tough budget decisions amid rising interest rates and inflation.
conducted by Ipsos in early June, suggests over a quarter of Canadians are cutting back on essentials like food, housing and utilities.
The findings suggest Canadians are making difficult choices as higher costs weigh on household budgets. “Households will have to make increasingly difficult choices about what to cut, and could find themselves piling on debt to make ends meet,” Bazian said in a statement Monday.
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