Canadians say their personal finances haven’t been this bad in more than a decade, as they cope with falling prices for homes and rising prices for everything else.
In weekly polling by Nanos Research for Bloomberg News, 47 per cent of respondents said their finances have worsened over the past year.
Every week, Nanos Research surveys 250 Canadians for their views on personal finances, job security, the economy and real estate prices. Bloomberg publishes four-week rolling averages of the 1,000 telephone responses.Highlights from the latest data: Canadians are extremely pessimistic about the outlook for the economy, with 64 per cent saying they expect it to deteriorate over the next six months and only 9 per cent seeing an improvement.
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