Posthaste: More Canadians in 'terrible' financial shape as they tap savings to cope with rising prices

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Posthaste: More Canadians in 'terrible' financial shape as they tap savings to cope with rising prices
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Angus Reid poll finds the highest number of Canadians are struggling to make ends meet since the dark days of the pandemic. Read more

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“The fact that more describe themselves in bad shape financially now perhaps speaks to how challenging recent months have been for Canadians,” said the report.Article contentThe struggles vary across the country. More than half of people in Saskatchewan describe themselves as in bad shape or worse, the highest in the country. In Atlantic Canada 20 per cent say they are barely getting by, twice the national average.

Others have had to take more drastic action, the report says. At least a third of all income brackets say they have had to dip into savings to help cover living expenses.

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