One-in-three Canadians say they are in rough financial shape, and two-in-five are dipping into their savings to get by, according to a recent survey by the Angus Reid Institute.
“More than a year into a stubborn and persistent cost-of-living crisis, a considerable number of Canadians have progressed from belt-tightening on spending to drawing on existing savings to make ends meet,” the institute said in an April 6 news release.