For better or worse - the US is the anchor country of Canada....

  1. 8,232 Posts.
    For better or worse - the US is the anchor country of Canada. The fear of GFC is on the mind of people. Not surprising, just look at the endless HC posts about it.
    And that is exactly what the survey conveys:

    Those surveyed also say they have been broadsided by interest rates that began rising last year, with their debt situation now sitting near its lowest point since Ipsos started the survey.

    Just over half of Canadians are concerned about repaying their debts (54 per cent) or think they may get into financial trouble (47 per cent) if interest rates increase, with 35 per cent indicating that a rate increase could push them towards bankruptcy.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.