Data collection for the 2023-24 Monthly Financial Well-being Monitor (MFWBM) : methodology report / prepared for Financial Consumer Agency of Canada. : FC5-94/2024E-PDF

"Canada’s inflation rate hit a 40-year high of 8.1% in June 2022 resulting in difficult economic conditions for Canadians, including higher-than-usual prices for necessities like food, transportation, and shelter, as well as higher mortgage costs for Canadian homeowners. To better understand how Canadians are managing these financial hardships, the FCAC has put in place the Monthly Financial Well-being Monitor (MFWBM) to collect quantitative evidence about Canadians’ day-to-day financial management and financial well-being. This survey first began as the COVID-19 Financial Well-being Survey in August 2020 and has been collecting data every month since then. The intent of this new public opinion research is to continue to monitor and better understand how Canadians are dealing with the current economic conditions while assessing if any underlying trends are developing over time"--Summary, page 1.

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publications.gc.ca/pub?id=9.946093&sl=1

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