Percentage of Canadians who have cancelled a major purchase increases from 23 to 35 per cent in seven months (Bloomberg/Nanos)

Over one Canadian in three (35%) reports that they have cancelled a major purchase because of price increases, which is an increase of 12 percentage points since the May 2022 wave. Younger Canadians aged 18 to 34 are more likely to report having cancelled a major purchase (50%) than older Canadians aged 35 to 54 (38%) and 55 plus (23%). Under half of Canadians (46%) report that their employer has not given them a special raise in the past year because of the rising cost of living. Under one in t...