Nearly half of Canadians falling behind financially: Poll

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Nearly half of Canadians falling behind financially: Poll
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Almost half of Canadians (47%) say they are now worse off financially compared to a year ago, according to an Angus Reid Institute poll.

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“All this provides a sobering backdrop to the federal government’s upcoming budget, which Deputy Prime Minister and Finance Minister Chrystia Freeland has indicated will be fiscally prudent though reportedly will address affordability”.Those in a good financial position are most likely to say health care is a priority..“Canadians living in the highest income households are the most optimistic about the next 12 months for their finances. One-third expect improvement,” the report says.

“While 18- to 34-year-old men and women have similar ratios of optimism to pessimism, there are more divergent views among older Canadians. Women over the age of 34 are less likely to be pessimistic than men that age.” Conducted March 6-13 with a sample of 4,889 Canadian adults who are members of Angus Reid Forum, the survey is considered accurate within 1%, 19 times out of 20.

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