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The following statistics were compiled by: https://www.ipsos.com/en-ca/worries-about-cost-living-remain-high-end-2023-draws-near
Preparing for the recession
69% of Canadians can’t exhort on expected costs
55% of Canadians unsure if they can keep up with credit card bill debt
55% of Canadians plan on cutting out unnecessary food costs such as TV dinners chips chocolate bars non-essential food
53% of Canadians are unsure in 2024 if they will have enough money to feed their family
53% of Canadians say they’re going to be cutting back in 2024 on dining out or ordering food
45% of Canadians plan to reduce spending money on entertainment such as movies concerts events and hobbies
