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Economic Conditions Causing One in Three (34%) Canadians to Save Less Money Than Before
Just Two in Ten (19%) are Saving More
October 22, 2009
Contact Sean Simpson at (416) 572-4474
Category
Finance & Economy
Location Canada
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This news release contains 780 words and 3 PDF attachments.
Toronto, ON – The current economic conditions appear to be hurting Canadians’ savings habits, according to a new Ipsos Reid poll conducted on behalf of RBC. One in three (34%) Canadians are saving less than before as a result of the economic environment, while just two in ten (19%) are saving more than before. One half (48%) says they’re saving about the same as before. In fact, fact the only group that says they are saving more (24%) than before, not less (22%), are Canadians aged 18 to 34.
