A new survey found that Canadians feel stressed by rising inflation, especially due to rising grocery prices.

The "FP Canada Financial Stress Index" survey says that 38 percent of respondents mentioned that money is the biggest source of stress. More than two-thirds of Canadians say that rising grocery prices have a direct impact on their financial capabilities; 56 percent say the same about rising gas prices, followed by the impact of inflation on the cost of goods and services.

One in three says financial pressures lead to anxiety, depression, or mental health challenges, while 39 percent reported being less optimistic about their financial future now than they were a year ago.

The survey conducted by Leger on 2,001 Canadians also found that 45 percent of Canadians aged 18 to 34 say financial stress harms their mental health.

The majority of respondents (58 percent) said the pandemic contributed to financial stress, up from 45 percent in 2021, while 39 percent feel less optimistic about their financial future than they did a year ago.

In Vancouver, British Columbia, the survey also found that a larger number of respondents (44 percent) said they track their expenses more than they did last year, and 37 percent said they saved more money.