Canadians Less Optimistic About Finances Amid Worries About Inflation, Income: Survey

Canadians Less Optimistic About Finances Amid Worries About Inflation, Income: Survey
Money is removed from a bank machine in a photo illustration in Montreal, on May 30, 2016. The Canadian Press/Ryan Remiorz
The Canadian Press
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A new survey says Canadians are feeling less optimistic about their finances, with respondents worried about inflation, income levels and a potential recession at the midpoint of the year.

TransUnion’s Canada consumer pulse study for the second quarter of 2024 found 57 percent of Canadian households said their incomes are not keeping up with the current inflation rate, while 38 percent expect payments for bills and loans to increase over the next three months.