Inflation & Prices
Canadian Consumers Delay Big-Ticket Purchases With Prices Rising
- Inflation hits younger consumers hardest, Nanos poll finds
- Most Canadians haven’t received a raise to help with inflation
Shoppers in Montreal, Quebec, Canada.
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Persistently high inflation is prompting more Canadians to hold off on buying big-ticket items, a new poll finds.
Over a third of Canadians say they’ve canceled a major purchase because of higher prices, according to a survey by Nanos Research Group for Bloomberg News. That’s up from 23% last May.