Many Canadians worse off financially than they were a year ago: study
A new study says nearly four in 10 Canadians are worse off financially than they were a year ago.
Narrative Research, a market research company, surveyed 1,230 Canadians last month and found 38 per cent of them said they are worse off financially compared to where they were in 2023; 14 per cent said they were much worse off.
“It’s probably not surprising because we had this huge spike in the cost of living,” Margaret Chapman, COO of Narrative Research, told CTV News Atlantic’s Todd Battis on Thursday. “The financial concerns we’re all feeling are hitting everyone.”
Thirty-nine per cent said they were in a similar financial situation as last year while 23 per cent said they were better off compared to 2023.
The study found 47 per cent of Atlantic Canadians are financially worse off. Fifty per cent of Atlantic Canadians listed the ability to buy healthy food as a financial concern while 35 per cent cited electricity bills.
Narrative Research says Millennials and Gen Xers are more likely to be worried about their finances compared to Baby Boomers, but 37 per cent of Millennials and 40 per cent of Gen Xers feel better about their financial situation compared to last year while only 14 per cent of Boomers feel that way.
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W5 Investigates
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Toronto
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Cold case that puzzled Toronto-area police for nearly half a century cracked. Here's how they did it
For nearly 45 years, the identity of the human remains found along a rural road north of Toronto remained a mystery. It was on July 16, 1980, when a Markham, Ont. resident made the discovery near a wooded area on Eleventh Concession, between 14th and Steeles avenues. Unbeknownst to them, the remains belonged to William Joseph Pennell, a convict who had escaped a Kingston prison a month earlier.
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How these Swifties spent $600 each on last-minute tickets to Taylor Swift’s Toronto concert
After failed attempts at securing the long-awaited “Eras Tour” concert tickets in Toronto, Alexis Abou-Chalha thought she was out of luck. However, when Ticketmaster surprised fans with additional seats before the six-show series started, they were able to snag last minute tickets.
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Mother and daughter get Taylor Swift tickets to Toronto show after losing $1,800 to scam
Taylor Swift is in the midst of playing her six-show series at the Rogers Centre and while fans are still scrambling to find tickets, some have unfortunately gotten caught in scams.
Calgary
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'Keep that legacy going': Siblings revive one of Alberta's oldest general stores
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Fifth person charged in Tara Miller's death
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Miromanov and Coleman score, Wolf earns shutout as Flames blank Predators 2-0
Daniil Miromanov's first goal of the season was the game-winner and rookie Dustin Wolf had 29 saves for his first career shutout as the Calgary Flames beat the Nashville Predators 2-0 on Friday night.
Edmonton
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Woman charged in drowning of 5-year-old west of Edmonton
An Edmonton woman was charged in the drowning of a five-year-old girl last month.
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'Keep that legacy going': Siblings revive one of Alberta's oldest general stores
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'We ended up ordering pizza': Couples accuse Edmonton caterer of jilting them on wedding day
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Montreal
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Two missing after house fire in Beauce, Que.
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Crash leaves man dead in Rivière-des-Prairies
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Ottawa
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Single-vehicle crash on Highway 417 in Ottawa leaves driver,65, dead
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Glen Road rollover in eastern Ontario left one dead, injured another: OPP
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Best Chili in Ottawa according to Ottawa firefighters
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London
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Canada Post workers in London joined 55,000 CUPW workers from across Canada on the picket line Friday
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Hand painted float among attractions at Saturday's Santa Claus Parade
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Barrie
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Developer changing Barrie's skyline with high-rises to address housing crisis
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Mother testifies about son's struggles before his death in Midland murder trial
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Northern Ontario
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Police in Canada collected wreckage after object shot down over Lake Huron
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Teacher charged with sex assault of a minor at a school in northern Ont.
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Timmins, Ont., rock band sets new world record Friday
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Kitchener
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Former Waterloo, Ont. school principal pleads guilty to luring, sending sexually explicit material
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Woman struck by car in Cambridge shares what happened
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DEVELOPING
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Windsor
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Pedestrian struck in Friday night vehicle collision on Chrysler Centre
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National Park badges surface at Point Pelee after nearly 100 years
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Michelle Wright honored with snowplough and mural in Chatham-Kent
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Winnipeg
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Video shows shotgun pointed at staff during pawn shop robbery
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'A little piece of history': Winnipeg homeowner finds 80-year-old letters hidden in walls
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'A special place': Looking back at the history of Canada Life Centre as it marks 20 years
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Regina
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Palestine flag raising cancellation prompts city hall demonstration in Regina
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Sask. man facing child pornography charge
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'It's historic': For the first time, Regina city council will include 2 women of colour
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Saskatoon
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Saskatchewan tire recycler suing province for $10M over multiple year contract dispute
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Sask. boy sentenced in fatal shooting
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No injuries in Saskatoon garage fire
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Vancouver
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Video shows altercation between security guards, First Nations teen at B.C. mall
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Jewish leaders hope charges coming after police raid pro-Palestine activist’s Vancouver home
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Vancouver Island
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WestJet passengers can submit claims now in $12.5M class-action case over baggage fees
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Insurance bureau estimates $110 million in damages from October storms in B.C.
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Nanaimo nurse suspended for 'unauthorized access of patient records,' college says
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Kelowna
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Police cleared of fault in fatal 2023 crash in B.C.'s Interior
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B.C. woman sentenced for stealing $14K in funds raised for schoolkids
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B.C. emergency room closed for 3rd time in 9 days
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