Many Canadians have just two months or less in savings to manage an emergency, according to a new Maru public opinion poll.
Sixty-two percent of Canadians, down from 65 percent last month, believe they have money in reserve for unexpected costs or needs, according to the March 7 Canadian Maru Household Index (MHOI).
The last time results were this low was in October 2022.
“This ties in with the lowest level found among Canadians for this metric since tracking began in July 2020 and has occurred three previous times dating back to December 2020. The highest level recorded for this measure was in April 2022 (68%),” said the report….