A new survey says the Bank of Canada's recent interest rate cut did little to change Canadians' negative perceptions about their personal finances.
The , conducted quarterly by Ipsos, dropped six points from the previous quarter to 85 points, which it says signals increasingly negative views on respondents' debt situation.
Two-thirds of respondents say they desperately need interest rates to go down, as more than half indicate they are concerned rates may not fall quickly enough to provide the financial relief they require.
The central bank lowered its benchmark interest rate by a quarter of a percentage point to 4.75 per cent in June and economists expect another cut could be in store when it meets Wednesday for its next rate decision.
The MNP report found 46 per cent of Canadians are $200 or less away from failing to meet all their financial obligations, while three-in-ten say they already can't cover their bills and debt payments.
Grant Bazian, president of MNP Ltd., says that with the prices of many daily necessities still high, "many have not seen the meaningful reduction in their monthly expenses needed to ease their financial burdens."
This report by The Canadian Press was first published July 22, 2024.
CTV News has learned there are multiple Canadian women alleging they were victims of sexual abuse at the hands of the late Harrods boss Mohamed Al Fayed.
Prime Minister Justin Trudeau will be making adjustments to his cabinet today, CTV News has confirmed. The small shuffle is the result of longtime cabinet minister Pablo Rodriguez quitting.
An updated version of Novavax's COVID-19 vaccine has been approved by Canada's health agency.
For most people, dinner on a cruise ship is a time to relax. But when influencer couple Abby and Matt Howard decided to kick back with a dinner à deux, they ended up kicking up a storm.
Quebec Premier François Legault is calling on the Bloc Québécois to topple the Trudeau government next Wednesday and trigger a federal election.
The leader of Hezbollah vowed to keep up daily strikes on Israel despite this week's mass bombing attack on its communication devices, and said Israelis displaced by the fighting from homes near the Lebanon border would not be able to return until the war in Gaza ends.
A Canadian suspect was among dozens arrested around the world in a global crackdown on the encrypted communication platform, called Ghost, according to the RCMP.
A 29-year-old Quebec woman is facing a first-degree murder charge in the death of a five-year-old boy southwest of Montreal.
A 64-year-old woman was preparing to do her evening dishes at her home outside Bangkok when she felt a sharp pain in her thigh and looked down to see a huge python taking hold of her.
A special ceremony at the Canadian Embassy in Rome marked the successful recovery of an iconic portrait of Winston Churchill after a two-year search by Ottawa police.
The mayor of Fort Saskatchewan apologized on Thursday for comments she made earlier this week about killing feral cats.
The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
Nearly 138,000 platform beds sold at major retailers including Amazon and Walmart are being recalled across the U.S. and Canada because they can collapse, posing fall and injury risks.
New details have been shared about a missing family that was last seen on Sept. 1 in Kitchener, Ont.
A Canadian suspect was among dozens arrested around the world in a global crackdown on the encrypted communication platform, called Ghost, according to the RCMP.
A 22-year-old woman who became an abortion rights advocate after she was raped by her stepfather as a child tells her story in a new campaign ad for Democratic presidential nominee Kamala Harris.
In the quiet corners of Springfield, Ohio — out of sight of the drumbeat of politicians and journalists, troopers and newly installed security cameras — the people who live here are taking a breath, praying and attempting to carry on.
Three days after an SUV crashed into a liquid natural gas pipeline, starting a fire that has been burning ever since, police say human remains were recovered from the vehicle on Thursday.
Nearly 138,000 platform beds sold at major retailers including Amazon and Walmart are being recalled across the U.S. and Canada because they can collapse, posing fall and injury risks.
Two suspects broke into a cheque-cashing business in Atlanta through the ceiling and forced an employee to open the safe, where they stole US$150K.
Hunter Biden will be sentenced on felony firearms charges in December after the judge agreed Thursday to a delay requested by the defence.
Prime Minister Justin Trudeau will be making adjustments to his cabinet today, CTV News has confirmed. The small shuffle is the result of longtime cabinet minister Pablo Rodriguez quitting.
Quebec Premier François Legault is calling on the Bloc Québécois to topple the Trudeau government next Wednesday and trigger a federal election.
The pressing issues of climate change and food security join more familiar ones like violent extremism and espionage on a new list of Canada's intelligence priorities.
Ontario’s Minister of Sport, Neil Lumsden, will donate his brain to research.
Manitobans are getting another reminder of how long wait times are for diagnostic images.
Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says.
Lebanese authorities on Thursday banned walkie-talkies and pagers from being taken on flights from Beirut airport, the National News Agency reported, after thousands of such devices exploded during a deadly attack on Hezbollah this week.
NASA scientists have successfully replicated spider-like shapes found on the surface of Mars in a laboratory setting for the first time.
Ontario’s Minister of Sport, Neil Lumsden, will donate his brain to research.
British actress Florence Pugh has revealed that shaving her head for her latest movie role was a 'really bizarre' experience that sent her body 'into a bit of trauma.'
Toronto International Film Festival CEO Cameron Bailey will be honoured at The Black Academy's third annual Legacy Awards this month.
MrBeast is accused of creating 'unsafe' employment conditions, including sexual harassment, and misrepresenting contestants' odds at winning his new Amazon reality show's US$5 million grand prize in a lawsuit filed Tuesday by five unnamed participants.
Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.
TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.
Canada Goose Holdings Inc. says it has signed a deal that will result in the creation of its first eyewear collection.
For most people, dinner on a cruise ship is a time to relax. But when influencer couple Abby and Matt Howard decided to kick back with a dinner à deux, they ended up kicking up a storm.
Trips can make lifelong memories when they go off without a hitch, but cancellations and rescheduled events are common because of artist illnesses, poor ticket sales, security threats, unruly weather and natural disasters.
Only a month after Thailand's adorable baby hippo Moo Deng was unveiled on Facebook, her fame became unstoppable.
Vancouver Canucks goalie Thatcher Demko says he's been working his way back from a rare lower-body muscle injury since being sidelined in last season's playoffs.
Toronto Blue Jays shortstop Bo Bichette returned to the 10-day injured list Thursday due to a right middle finger fracture.
Veteran Winnipeg Blue Bombers linebacker Adam Bighill said Thursday that he will undergo season-ending surgery on his left knee.
Video of a brazen daylight auto theft which shows a suspect running over a victim in a stolen luxury SUV has been released by police west of Toronto.
The plant was expected to produce batteries for a million electric vehicles a year. Once up and running, it was supposed to create hundreds of permanent jobs in a small southeastern Ontario municipality. But two years later, spending on the construction of the Umicore plant has been delayed in what the company calls a "significant worsening of the EV market context."
A Winnipeg man is asking for help after a classic car that has been a part of his family since the 1950s was stolen from his garage.
Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.
The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.
The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.
It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.
A Good Samaritan in New Brunswick has replaced a man's stolen bottle cart so he can continue to collect cans and bottles in his Moncton neighbourhood.
David Krumholtz, known for roles like Bernard the Elf in The Santa Clause and physicist Isidor Rabi in Oppenheimer, has spent the latter part of his summer filming horror flick Altar in Winnipeg. He says Winnipeg is the most movie-savvy town he's ever been in.
Edmontonians can count themselves lucky to ever see one tiger salamander, let alone the thousands one local woman says recently descended on her childhood home.
A daytrip to the backcountry turned into a frightening experience for a Vancouver couple this weekend.
If you take a look to the right of Hilda Duddridge’s 100th birthday cake, you’ll see a sculpture of a smiling girl extending her arms forward.
In one of the final speeches he makes before the provincial election campaign period formally begins, Premier David Eby promised a gathering of B.C.'s mayors that he would continue to work closely with them if he's returned to government, but didn't make any last-minute spending announcements.
The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
Homicide investigators are renewing their call for witnesses to the June 5 slaying of Wataru Kakiuchi in Vancouver.
Students across York Region will once again see uniformed officers at school, however police and board officials say they will only be stopping by for the occasional safety presentation.
Police have identified the two men killed in an early Wednesday morning shooting at a park north of Toronto. York Regional Police (YRP) say officers were called to Bayview Park, near Bayview and Lowndes avenues in Keswick, Ont., just before 7:30 a.m. for a report of shots fired.
Toronto police homicide investigators are set to provide an update on Tuesday’s fatal double shooting in North York.
The Parole Board of Canada says a man who assaulted a young pregnant woman and left her for dead remains too dangerous to be released into the community.
A Calgary pharmacist has been suspended by the Alberta College of Pharmacy (ACP) after they found she had accessed a person's electronic health records (Netcare) without "any authorized purpose."
There was a unique performance of Handsome Alice’s production of Makambe Simamba’s Our Fathers, Sons, Lovers, and Little Brothers Saturday night at the Big Secret Theatre, when Simamba performed in front of an almost all-Black audience on Black Family Night.
Ottawa is on the road to new rules to crack down on unnecessary idling in 2025, despite concerns about a lack of enforcement, insufficient education for drivers and allowing idling in school zones.
Two teenage girls are facing assault charges and three other girls will be "facing consequences" under the Youth Criminal Justice Act following the assault of a girl at a Pembroke, Ont. school, according to police.
The University of Ottawa's special advisor on antisemitism says he has resigned following posts he made on social media celebrating the pager explosions in Lebanon this week.
Public services in Quebec are becoming dehumanized, warns Quebec Ombudsman Marc-André Dowd in his 2023-2024 annual report, which is filled with concrete examples.
Quebec Premier François Legault is calling on the Bloc Québécois to topple the Trudeau government next Wednesday and trigger a federal election.
Treasury Board President Anita Anand will take on the additional role of transport minister this afternoon, after Pablo Rodriguez resigned from cabinet to run for the Quebec Liberal leadership.
The mayor of Fort Saskatchewan apologized on Thursday for comments she made earlier this week about killing feral cats.
The Alberta government will provide $149 million for Jasper's recovery from a wildfire that burned one third of its townsite, the province announced on Thursday.
A 26-year-old man was killed in an impaired driving crash in Jasper National Thursday morning, RCMP say.
New Brunswick Premier Blaine Higgs has called for a provincial election. Voters will go to the polls on Oct. 21, as prescribed by the province's fixed-date election law.
Police are asking people to avoid the Dartmouth Commons area in Dartmouth, N.S., as they assist with a wildlife call for a bear.
Fourteen pharmacies in Nova Scotia will join the community pharmacy primary care clinic program this fall.
Shamattawa RCMP are searching for a missing six-year-old boy who hasn’t been seen since Wednesday morning.
After a soggy, chaotic few days in Manitoba, more severe thunderstorms could be on the way to parts of the province on Thursday.
Manitoba's ethics commissioner has found an NDP cabinet minister was in the wrong when he failed to disclose he had a business contract with the government, but he is not recommending a penalty.
Environment and Climate Change Canada (ECCC) has confirmed a tornado touched down Wednesday evening near Langbank, Sask.
Saskatchewan Premier Scott Moe's popularity has hit a two year low, according to a recent poll conducted by the Angus Reid Institute.
Outlook RCMP are responding to a serious collision on Highway 15 in the RM of Rudy, Sask. on Thursday morning.
New details have been shared about a missing family that was last seen on Sept. 1 in Kitchener, Ont.
Ontario ended the 2023-24 fiscal year with a nearly balanced budget, in part due to higher-than-expected revenue from international student tuition at colleges.
Almost three weeks into the school year and some families are still on waitlists for before and after school care and it’s exposing some major gaps in the education system.
Thomas Hamp says he believed secret police were out to kidnap, torture, and kill him when he fatally stabbed his girlfriend Emily Sanche in February of 2022.
A 14-year-old student who allegedly set her classmate on fire is facing a new charge.
Police have arrested and charged two women following an armed robbery at a store in Saskatoon Thursday morning.
One person is dead and another is in hospital with serious, life-threatening injuries after a crash involving a commercial and passenger vehicle on Highway 101 west of Timmins on Wednesday afternoon.
James Bay Ontario Provincial Police have charged four commercial vehicle drivers with impaired, including one who was hauling 36,000 kilograms of ammonia hydrate.
North Bay Police Service says one person has died following an industrial accident at the Ontario Northland Transportation Commission Rail Yard on Tuesday.
Damage is estimated around $500,000. Police said the investigation is in its early stages and more information will be provided when it becomes available.
A shooting early Wednesday morning is being investigated by London police after a man showed up at hospital with gunshot wounds — the catch, police don't know where the shooting happened.
The mother and brother of an 18-year-old who was shot and killed during a teen field party more than three years ago gave emotional victim impact statements on Wednesday.
Two men from Barrie have been charged after a deadly shooting at a park in Keswick on Wednesday.
A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.
Police closed an area in Orillia to investigate reports of a suspicious man walking with a gun Thursday morning.
An active investigation is underway on Ottawa Street, east of Kildare Road.
Windsor firefighters responded to a vacant building fire on Wednesday night.
St. Clair College and Alienware Gaming have teamed up to open the country’s first Alienware Gaming Lab at the college in the Esports Nexus Arena.
An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost.
The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
If the lead up to British Columbia's provincial election campaign is any indication of what’s to come, voters should expect the unexpected.
The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
Animal protection officers in British Columbia have rescued three pit bulls – including one that gave birth to 10 puppies – from a rat-infested home in Kelowna.
More than a year after a missing Kamloops, B.C., woman’s body was found, her son has been arrested and charged with her murder, Mounties announced Friday.
A Lethbridge couple got a good reminder as to why you should keep your vehicle doors locked at all times.
Lethbridge residents who live near the police range can expect to hear plenty of shots fired Wednesday and Thursday.
The City of Lethbridge's encampment response team continues to see a rise in the number of people experiencing homelessness throughout the summer months.
North Bay Police Service says one person has died following an industrial accident at the Ontario Northland Transportation Commission Rail Yard on Tuesday.
Three northern Ontario residents are charged with drug trafficking after the vehicle they were in got stuck along a bush road off Highway 17 on Monday.
A 50-year-old man in the Sault has been charged following an assault on Saturday that involved the use of a hammer.
Newfoundland and Labrador's chief medical officer is monitoring the rise of whooping cough infections across the province as cases of the highly contagious disease continue to grow across Canada.
A 16-year-old biennial event aimed at fostering business in the country's eastern Arctic and northern regions has been cancelled indefinitely as a dispute unfolds between Inuit in Canada and a Labrador group claiming to share their heritage.
Jim Lester’s farm hopped on the cow-cuddling trend in early August, and his time slots have been pretty well sold out ever since.
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