New Poll Suggests Canadians Aren’t Ready For A Recession

HALIFAX — The results of a new survey suggest that almost one-half of Canadians say they do not feel personally prepared if Canada enters a recession.

Narrative Research, a market research company based in Halifax, polled 2,237 Canadians last month and found 45 per cent do not feel prepared to enter an economic recession.

Meanwhile, 55 per cent said they do feel prepared.

The survey comes as Canadians experience rising prices, inflation and scarcity of goods, with many changing their spending habits and an increasing worry about their finances.

Overall preparedness came through Canadian men over 55 years of age and those who earned more than $100,000 per year.

In addition, those in Quebec felt more prepared than the rest of the country.

You can find the survey’s results here.