Furthermore, 62% say they aren’t prepared.
Each day brings more evidence that the Liberal-NDP Pact government is deeply out-of-touch with Canadians.
They alternate between either blaming national discontent on the Conservatives, or claiming that Canada is doing just great.
On the ground however, Canadians are struggling, and are expecting things to get worse.
According to the Debt Survey conducted by Manulife, a full 87% of Canadians say our country is either already in a recession, or will soon enter a recession.
62% say they aren’t financially prepared if a recession happens.
85% say they are worried about interest rates, and 94% are worried about inflation.
These are the five top ways Canadians are planning to manage Canada’s worsening financial situation according to the survey:
Spending less on leisure or entertainment (53%)
Grocery shopping on a budget (52%)
Avoiding making large purchases or doing home renovations (49%)
Driving car less to save money on gas (38%)
Delaying or cancelling traveling plans (33%)
Trudeau-Singh policies deepen Canada’s economic problems
Not only are Canadians being forced to fight against economic headwinds, but they are having to fight against the policies of Justin Trudeau & Jagmeet Singh.
High-tax, borrow & spend policies drive up the cost-of-living and take more money out of the pockets of Canadians, while also creating a disincentive to invest and produce.
Meanwhile, Canada’s immigration levels are surging, putting upward pressure on housing prices and straining social services.
With our country led by people with a radical ‘green’ agenda who are seeking to deliberately induce more poverty and economic pain, Canadians are in for much more difficult times ahead.
Spencer Fernando
Photo – YouTube
