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Canadians Are Feeling Less Squeezed — But Fraud Is Rewriting How We Manage Credit

  New data from TransUnion's Q2 2026 Canada Consumer Pulse Study, released July 22, 2026 There's a small but real shift happening in Canadian households right now. After years of headlines about affordability and inflation, a new survey suggests things are slightly less bleak — but Canadians aren't relaxing. They're getting more careful, and increasingly, more worried about fraud than about their credit score. TransUnion's newest Consumer Pulse Study, out today, paints a picture of a country cautiously exhaling — while quietly tightening the locks on its financial front door. The Good News: A Little More Breathing Room For the first time in a while, the numbers aren't all doom. Roughly a quarter of Canadians surveyed said their household income rose over the past three months, and nearly one in four say their finances are running better than they expected this year — the best reading TransUnion has recorded in the past 12 months. Optimism is edging up too: 45% ...
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Practical Ways to Save Money



Saving money can be challenging, especially in times of economic uncertainty. However, there are some practical ways to reduce your expenses and increase your savings without sacrificing your quality of life. Here are some tips to help you save money:

- Track your spending. The first step to saving money is to know where your money is going. You can use a budgeting app, a spreadsheet, or a simple notebook to record your income and expenses. This will help you identify areas where you can cut costs and allocate more money to your savings goals.

- Set realistic goals. Saving money is easier when you have a clear purpose and a timeline. Whether you want to save for a vacation, an emergency fund, or a retirement plan, you should set a specific amount and a deadline for your goal. This will help you stay motivated and focused on your progress.

- Automate your savings. One of the best ways to save money is to make it automatic. You can set up a direct deposit from your paycheck to your savings account, or use an app that rounds up your purchases and transfers the difference to your savings. This way, you won't have to think about saving money every month, and you'll be less tempted to spend it.

- Cut unnecessary expenses. There are probably some expenses that you can eliminate or reduce without affecting your lifestyle. For example, you can cancel subscriptions that you don't use, switch to a cheaper phone plan, or cook more meals at home instead of eating out. These small changes can add up to big savings over time.

- Shop smart. When you do need to buy something, make sure you get the best deal possible. You can use coupons, discounts, cashback apps, or comparison websites to find the lowest prices on the items you need. You can also buy secondhand, borrow, or swap items with friends or family instead of buying new ones.

- Save energy. Another way to save money is to lower your utility bills by using less energy. You can do this by turning off lights and appliances when not in use, adjusting your thermostat, using energy-efficient bulbs and appliances, or installing solar panels. You can also save water by taking shorter showers, fixing leaks, or using low-flow faucets and showerheads.  

These are just some of the practical ways to save money in 2023. By applying these tips consistently, you can make a significant difference in your finances and achieve your savings goals faster.




































































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