Canadians Cutting Spending, Delaying Purchases Amid US Tariffs: Survey

A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Sept. 4, 2024. The Canadian Press/Justin Tang

A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil.

The latest MNP Consumer Debt Index conducted by Ipsos rose nine points to 88 this quarter over the previous one.