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BMO Survey: Canadians Lag Americans on Perceptions of Financial Progress but Strong Financial Habits Established During the Pandemic


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American consumer confidence and optimism strengthened by comparatively faster vaccination – indicative of what s next for Canadians
14 months into the pandemic, Canadians finding their financial footing with goal setting and regular saving but still challenged by making the best financial choices
TORONTO, May 13, 2021 /CNW/ - With the U.S. on a faster trajectory to economic re-opening, nearly a third fewer Canadians feel confident about their financial situation compared to Americans according to BMO s latest Real Financial Progress Survey. Despite this gap, Canadians are putting in the work on their financial fitness during the pandemic with a majority now establishing financial goals and putting money away regularly. Overall, the index in the U.S. increased compared to January s measure while it remained flat in Canada. ....

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