Canadians and their funds: Key Findings from the 2019 Financial Capability that is canadian Survey

Canadians and their funds: Key Findings from the 2019 Financial Capability that is canadian Survey

Canadians are facing economic pressures handling their debts and day-to-day funds

An average of, Canadian home financial obligation represented 177% of disposable earnings in 2019, up from 168per cent in 2018 (Statistics Canada, 2019). Outcomes through the 2019 study suggest that almost three quarters of Canadians (73.2%) possess some kind of outstanding debt or utilized a loan that is payday some point within the last year (see also Statistics Canada, 2017). Very nearly 1 / 3rd (31%) think they will have too much financial obligation.

Home financing is one of common and significant variety of financial obligation held by Canadians. “Canadians and their funds: Key Findings from the 2019 Financial Capability that is canadian Survey” の続きを読む