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Is part of the story:
- Isabel & Pierre
- Episode 1 of 6
Clean & Lean
Date published : September 15, 2009 - Sainte-Anne-de-Kent, New Brunswick
When soap sales start to slip, Isabel and Pierre look for ways to keep the company afloat.
Crisis triggers frugality
Canadians win 2nd place for frugality among nine developed economies. So says a recent study from the ING Direct bank that compares current spending and saving habits in Canada, USA, Australia, Spain, France, Italy, Germany, Austria and the UK.
When it comes to cutting personal consumption and saving more, Canada trails only Austria, with 80% of Canadians declaring that they have changed their habits in the last year.
Some key findings from the ING Direct study:
Canadians win 2nd place for frugality among nine developed economies. So says a recent study from the ING Direct bank that compares current spending and saving habits in Canada, USA, Australia, Spain, France, Italy, Germany, Austria and the UK.
When it comes to cutting personal consumption and saving more, Canada trails only Austria, with 80% of Canadians declaring that they have changed their habits in the last year.
Some key findings from the ING Direct study:
- 56 % of Canadians are spending less on small luxury items.
- 50 % have made an effort to reduce their domestic energy use.
- 50 % are spending more time at home.
- 40 % report they have cut back or delayed renovation projects and big-ticket purchases like cars and houses.
- 44 % are bringing their lunch to work
- 40 % are using credits cards less.
- 33% expect the crisis to have an impact on their retirement.
Field director
Pamela Gallant
Editor
Miguel Raymond
Director-coordinator
Hélène Choquette
Original Score
Robert-Marcel Lepage
© 2009 NFB – All rights reserved
Pamela Gallant
Editor
Miguel Raymond
Director-coordinator
Hélène Choquette
Original Score
Robert-Marcel Lepage
© 2009 NFB – All rights reserved
Theme
- "All people are entrepreneurs but many
- don't have the opportunity to find that out."
- - Muhammad Yunus, founder of the
- first microcredit institution
