New data shows that the average Canadian’s debt level has risen by 2.7 per cent year over year, while at least a quarter of respondents of a recent debt poll say they will never be debt free. Despite those figures, Canadians are looking to a brighter financial future.
A recent BDO poll finds just over half of Canadians are lying about finances, especially those in the middle-aged demographic. Why all the deception? Read on for the full story.
Anyone can find themselves with debt – even if you believe you’re responsible with money. Editor Penelope shares her story of how she fell into the debt hole – and the steps she’s taking to fix her credit score.