Nearly Half of Canadians say Household Finances are Worse than Anticipated as Consumer Inflation Concerns Hit Highest Level Since Q2 2022 – TransUnion Study
July 09, 2024 06:00 ET
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TransUnion
52% of Canadian consumers surveyed intend to cut discretionary spending as they navigate a high cost of living, with 86% saying inflation is in their top three household financial concerns, reveals...
Nearly One Third of Canadians Expect to Be Unable to Pay their Bills in Full, 33% of Whom Plan to Increase Reliance on Credit to Stay on Top of Bills or Loans – TransUnion Study
January 09, 2024 06:00 ET
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TransUnion
57% of participants intend to cut discretionary spending and 22% plan to apply for new or refinance existing credit as Canadians appear to be bracing for continued increases in household cost of...
Bracing for a Possible Recession, 34% of Canadians Build Up Savings, Following a Record High in Stockpiled Savings Through the Pandemic; 54% Cut Discretionary Spending, Reveals TransUnion Study
July 10, 2023 06:00 ET
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TransUnion
Q2 2023 TransUnion Canada Consumer Pulse study key findings: Top 3 financial concerns: inflation (47%); increasing house prices (14%); possibility of recession (11%)32% anticipate being unable to pay...
More than Half (55%) of Canadians Surveyed Say Their Incomes Aren’t Keeping Up With Inflation
October 12, 2022 06:00 ET
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TransUnion
Q3 2022 TransUnion Canada Consumer Pulse study key findings: 54% reported reducing discretionary spending over the last three months. 61% said their household income remained unchanged over the...
Fraser Institute News Release: Health-care costs for typical Canadian family will reach almost $16,000 this year
August 09, 2022 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) -- A typical Canadian family of four will pay an estimated $15,847 for public health-care insurance this year, finds a new study released...
Optimism Remains High Even as Inflation Concerns Grow and Vaccines Play Role in “Great Resignation”
November 17, 2021 08:00 ET
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TransUnion
CHICAGO, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Even as inflation concerns rise and vaccines impact some jobs, nearly two in three consumers, particularly those from the youngest generations, are...
Canadians Demonstrate Financial Resiliency, but Remain Cautious about Credit and Spending, Focusing on Paying Down Debt
September 28, 2021 06:00 ET
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TransUnion
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) -- TransUnion’s most recent Consumer Pulse study* shows that Canadian consumers continue to demonstrate resiliency and remain positive about their financial...
Household Incomes Continue to Recover from the Pandemic, Though Recent Rise in COVID-19 Cases Impacting Consumer Sentiment
August 25, 2021 08:00 ET
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TransUnion
CHICAGO, Aug. 25, 2021 (GLOBE NEWSWIRE) -- The percentage of consumers who reported their household income is negatively impacted by COVID-19 continued to decline, reaching 30% at the beginning of...
Positive Signs Abound Even as Many Household Incomes Still Negatively Impacted by COVID-19
March 16, 2021 08:00 ET
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TransUnion
CHICAGO, March 16, 2021 (GLOBE NEWSWIRE) -- U.S. consumers continue to be negatively impacted one year since the onset of COVID-19, though positive signs were observed in TransUnion’s (NYSE: TRU)...
Fraser Institute News Release: Average Canadian family spent 42.6% of annual income on taxes—more than housing, food and clothing combined
September 01, 2020 05:00 ET
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Fraser Institute
TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) -- The average Canadian family spent more than 42 per cent of its income on taxes in 2019—more than housing, food and clothing costs combined, finds a new...