Debt feels “much more precarious” when Canadians cannot replace their income
Twenty-four percent of all Canadians, and 27 percent of working Canadians, said tariffs, trade disputes, or broader economic instability could negatively affect their job or income.
Forty-seven percent of Canadians said they have tried to earn additional income, most often by selling goods online at 21 percent, followed by learning new skills at 11 percent, working a second job at 9 percent, monetizing a hobby, skill, or passion project at 9 percent, and freelance or contract work at 8 percent.
Thirty-four percent of Millennials reported selling goods online.
Among Gen Z, 22 percent reported learning new skills, 16 percent a second job, 14 percent monetizing a hobby or passion project, and 9 percent using AI tools to generate income.
“There is a meaningful difference between earning extra money to get ahead and depending on it to keep up,” Bazian said in the release.
