Financial Confidence Among Canadians at All-Time Low: Survey

Financial Confidence Among Canadians at All-Time Low: Survey
A Canadian dollar coin is pictured in this illustration picture taken in Toronto, Jan. 23, 2015. Mark Blinch/Reuters
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Canadians’ confidence in their personal finances has hit a record low, newly released research suggests.

Confidence levels are now lower than they were during the 2008 financial crisis, according to a report from Nanos Research. More than 50 percent of Canadians surveyed by Nanos said their personal finances were worse off during the first week of May than they were last year, while 37 percent experienced no change in their financial fortunes.