also top of mind as Canadians manage through the pandemic
TORONTO, Dec. 29, 2020 /CNW/ -
Despite a global pandemic and financial uncertainties, a new CIBC study finds that for the 11
th straight year, paying down debt remains the number one financial priority for Canadians heading into the new year (
20 per cent), followed closely by keeping up with bills/getting by at
18 per cent. Optimism for the year ahead has declined, as fewer Canadians believe their financial situation will improve in 2021, significantly lower than a year ago (
24 per cent versus
CIBC Poll: Financial Priorities Poll December 2020 (CNW Group/CIBC)
Pessimism about the year ahead is driven by concerns about a possible economic downturn (