QUESTIONS
1.
1.
The MNP Consumer Debt Index, a broad gauge of how Canadians feel about their ability to pay down debt, reported Monday that 50 per cent of those polled now feel they're $200 or less away from being unable to pay all their bills and debt obligations in a month. Would you you you feel like you're $200 or less away from being unable to pay all their bills and debt obligations in a month? Yes
24%
219 votes
No
56%
524 votes
Undecided
20%
188 votes
2.
2.
Despite the rate cuts of 2024, a number of Canadians last year were still adjusting to the Bank of Canada's rapid hikes since 2022. Many households were renewing mortgages last year, ratcheting up their monthly payments compared to the early pandemic when they first bought or renewed in a rock-bottom rate environment. Did you take out or renew a mortgage between 2022-2024? Yes
11%
106 votes
No
89%
825 votes
3.
3.
More than half of those polled (51 per cent) said they believed they'll likely have to go into more debt to cover all their cost of living expenses in the next year. Do you think you will have to take on debt to cover your living expenses in the next year? Yes
19%
180 votes
No
55%
514 votes
Undecided
25%
237 votes
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