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Stable rates, unstable futures: Debt crisis deepens for young Canadians despite steady interest rate
While the Bank of Canada opted to hold its key policy interest rate steady this week, new data suggests young Canadians are ...
People aged 18–34 are taking drastic measures to make ends meet, including high-interest short-term loans, say credit ...
CNW/ - The Bank of Canada announced today it will hold its key policy rate steady. But for many young Canadians, the pressure ...
"A steady interest rate doesn't undo years of financial strain," states Peta Wales, President & CEO of CCS. "Many young ...
According to the Credit Counselling Society, the cost of living continues to climb in Canada but wages simply aren’t keeping pace. This widening gap is forcing an increasing number of Canadians ...
The Credit Counselling Society empowers individuals and families to achieve financial well-being through confidential, objective and free, expert credit counselling, low-cost debt solutions, and ...
A credit counselling service says more and more younger people are looking for financial advice to get out of debt. As CBC's Tanushi Bhatnagar reports, young Vancouverites are less than optimistic ...
In February 2024, a Credit Counselling Society survey found that 11% of Canadians aged 18-34 who experienced debt increases in the previous year had already made such a move.
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Canadians facing cost-of-living and debt fatigue - MSNThe survey was conducted by the Credit Counselling Society from Jan. 6 to 10, among a representative sample of 1,200 online Canadians who are members of the Angus Reid Forum.
NEW WESTMINSTER, BC, Aug. 2, 2023 /CNW/ - It is with immense sadness that the Credit Counselling Society announces the loss of Scott Hannah. He passed away on June 17, 2023, highly regarded and ...
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Canadians facing higher costs, more debt - MSNAccording to the Credit Counselling Society, in 2023, the average unsecured debt for an individual was $22,000.
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