As Canada enters 2026, a majority of people say their personal financial situation has declined over the past year, according to a recent INsauga reader poll.
The poll asked readers: “Heading into 2026, are you financially better off than a year ago?” A total of 4,692 respondents took part.
Nearly two-thirds of participants — 66.6 per cent (3,125 votes) — said they are financially worse off compared to a year earlier. The remaining 33.4 per cent (1,567 votes) reported that they are better off.
The results point to continued financial strain for many households, largely driven by ongoing affordability challenges. While inflation has eased from its peak, the cost of everyday necessities such as groceries, rent, utilities and transportation remains high, leaving many Canadians feeling financially stretched.
Housing affordability continues to be a significant concern across southern Ontario, particularly for renters and first-time homebuyers. Higher interest rates have also increased financial pressure on homeowners renewing mortgages, with rising monthly payments reducing disposable income and limiting savings.
Despite the overall pessimistic outlook, about one-third of respondents said their financial situation has improved. Some attributed the improvement to wage increases, job changes, reduced debt levels or stronger personal financial planning.
INsauga noted that the poll reflects the views of its readership, most of whom are based in southern Ontario. The publication recorded approximately 17 million pageviews in the 30 days prior to the article’s release. The poll is not a scientific or nationally representative survey, as participation was voluntary and limited to readers of the site.
Even so, the findings suggest that a clear majority of respondents feel financially worse off heading into 2026, highlighting ongoing concerns around affordability, cost of living and household financial pressure. As economic conditions continue to evolve, personal finances are expected to remain a key factor shaping public sentiment and consumer confidence in the year ahead.