Life satisfaction among Canadians is on the decline. Based on data from the Canadian Social Survey, levels of life satisfaction have been tracking downward since the summer of 2021, when quarterly monitoring of key Quality of Life indicators began. Less than half (48.6%) of Canadians aged 15 years and older were feeling highly satisfied with their lives in 2024, down from 54.0% three years earlier.
Not only is life satisfaction down, but so is hopefulness about the future, which dropped from 65.0% to 59.7% from 2021 to 2024. These results are based on a new study released today, "Charting change: How time-series data provides insights on Canadian well-being," which sheds light on changes in overall life satisfaction, hopeful feelings about the future and financial well-being. It examines differences and trends across various dimensions, such as age, gender, racialized and non-racialized populations, and 2SLGBTQ+ populations.
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