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Canadians double down on financial discipline amid economic uncertainty: CIBC Poll
Canadians double down on financial discipline amid economic uncertainty: CIBC Poll Canada...
About this update from Canadian Imperial Bank Of Commerce
[{"type":"text","content":"\n\n\nCanadians double down on financial discipline amid economic uncertainty: CIBC Poll\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nBudgeting, bill payments, and debt repayment lead the way for financial priorities\nTORONTO, Dec. 29, 2025 /CNW/ - According to the annual CIBC Financial Priorities Poll, paying down or eliminating debt remains the leading financial priority for Canadians in 2026.The poll found that 16 per cent of Canadians are focused on debt reduction, closely followed by keeping up with bill payments (16 per cent), as inflation and the rising cost of living continue to impact households across the country.\nWhile 70 per cent of Canadians feel confident about achieving their financial goals in the coming year, this optimism has softened compared to last year (76 per cent), reflecting a more cautious outlook. Although more than half of Canadians (55 per cent) feel prepared to weather an unexpected financial event or hardship, that sentiment is down from 59 per cent last year.\n\"While confidence in future financial goals remains high, it's clear that Canadians are feeling some near term pressure around the management of cash flow and month to month expenses,\" said Carissa Lucreziano, Vice-President, Financial Planning and Advice, CIBC. \"Personalized advice and proactive planning can make a real difference in structuring a plan that makes sense for your current situation and can build confidence in achieving long term goals for you and your family.\"    \nThe poll found that most Canadians remain confident about their personal financial resilience, and nearly half (43 per cent) plan to start or increase investing as a New Year resolution.\n\"Whether you are confident about meeting your financial goals in 2026 or have questions about your financial outlook, working with an advisor can help you implement a plan to work towards your ambitions,\" added Ms. Lucreziano.\nTools and support\nIn addition to expert, personalized advice, CIBC also offers clients the following tools to h...