One-third of Canadians say they cannot cover their bills and debt payments, while more than half state they are $200 or less away from being unable to cover their financial obligations, according to a new survey. The latest results from the MNP Consumer Debt Index—gauging Canadians’ attitudes toward consumer debt and their ability to pay…
One-Third of Canadians Report Being Unable to Pay Bills, Debts: Survey
July 12, 2023
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Canadians Have ‘Sticker-Shock’ From Cost of Daily Items: Federal Report
Canadians are expecting to suffer from high interest rates and struggling finances for several years, according to a new report issued by the federal government. “Research on the State of the Economy,” a Finance Department report released in April 2023, said the data indicates Canadians are “experiencing sticker-stock when it comes to the cost of…
More Canadians Filing for Insolvency, More Businesses Declaring Bankruptcy: New Report
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