Canadians Prioritize Short-Term Finances as 26% Make Significant Sacrifices

2 articles · Updated · Investment Executive · Jun 2

26% of Canadians said they are making significant financial sacrifices to cut expenses, according to an Edward Jones-Gallup poll released Tuesday.
52% prioritized earning enough for a healthy lifestyle, 47% focused on boosting household income and 46% on reducing debt—each above retirement savings at 44% and saving for a home at 21%.
Only 12% said they feel financially fulfilled, while 47% described themselves as financially conflicted, reflecting pressure to manage immediate needs over longer-term goals.
48% still said they feel grateful about their finances, though stress was the second-most common emotion at 38%, suggesting resilience alongside strain.
The survey polled 2,117 Canadians aged 21 and older from March 25 to April 3 and was weighted to reflect national adult demographics.

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