Homes, cars, vacations on hold amid ‘summer of sticker shock’: Poll

Three quarters of Canadians now say that it’s a bad time to make a major purchase, such as a home, car, or expensive vacation, according to the poll conducted by the Angus Reid Institute. Just 15 per cent said it was a good time and 10 per cent weren’t sure.

While consumer confidence is down across the country, the poll found that it was highest in Ontario and British Columbia, where respectively 17 per cent and 18 per cent of respondents said they expect the next 12 months to be a good time to make a major purchase. That compares to eight per cent in Saskatchewan and 11 per cent in Atlantic Canada.

Some 28 per cent of Canadians now describe their personal financial situation as being in bad or terrible shape, while 72 per cent say it is in good or great shape. That compares to 20 per cent who said their financial situation was bad or terrible in July 2020 and 80 per cent who said it was good or great that same year.

Keep voting liberal

Thanks Biden.

I just came back from Pearson Airport and it was packed. All the shopping malls are packed. There's a wait list for cars. And houses are selling like crazy. Don't believe the media hype.

And Trudeau is in Costa Rica surfing

So they lifted the RESTRICTIONS, but now it's just being done through Inflationary measures..all by design.

I seen my 1st $40 price tag on ground beef at loblaws. Brought to you bye the liberalparty Next will be the $20 for potatoes. But don't worry some will have to suffer in the name of climate change

'Homes, cars, vacations on hold amid ‘summer of sticker shock' No shit, Sherlock! Staying home! BBQ with family and friends. Day trips to beach with picnic. DQ ice cream. Family can't afford road trip: Gas, restaurants, food, lodging! Done !! Recession coming folks .

Just wait till you see what’s coming next 🤣

Good it was needed. Ppl were spending credit/money like crazy. Manufacturers can’t keep up.

'Homes, cars, vacations on hold amid ‘summer of sticker shock’' No kidding, Sherlock Recession has already started .

Yet tons ppl cruising in their Tesla. So…

NDP Liberal Government.

No one said that the Elites transfer of wealth from the serfs was gonna be easy.

Just wait until people with large debt on their houses can no longer afford their payments amid rising interest costs.

I priced out a Honda Passport. Used, with low Kms (7800) Demo probably, was 56 plus tax. the 2020 redesign, same model (Touring) is 55 plus tax. They can GFTS

justinflation TrudeauMustGo PierrePoilievre4PM SelloutSingh

If it looks like a recession and quacks like a recession …

The most expensive car in the world in 2022 with pics ($28 million)

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