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Consumers across Canada are preparing to hunker down for a long financial squeeze, amid growing financial concerns (80%) and low economic confidence (63%), according to the latest EY Future Consumer Index Survey. Over half of households expect their living costs to continue trekking upwards, as concerns over personal finances affect all income levels, from low income (87%) and […]
According to a newly released study by IG Wealth Management (IG), a significant percentage of Canadians have the opportunity to more effectively manage their cashflow by including mortgage payments in their monthly budgeting. The study, conducted in partnership with Pollara Strategic Insights, found that: More than two-thirds (67 per cent) of all Canadians reported having […]
It wasn’t always easy for parents and children to have the “money talk”. Once seen as a taboo conversation for children, the tides have started to turn when it comes to the cold hard truth about cold hard cash, according to a new survey* from the PC Financial® team conducted ahead of this year’s back-to-school season. […]
A recent survey conducted by the Chartered Professional Accountants of Canada (CPA Canada) indicates that many Canadians are treading water financially after more than two years of pandemic and economic turmoil. The Thriving or Surviving study uncovers the kitchen table issues that confront Canadians daily, revealing how the country is coping with concerns such as debt, savings, emergency funds and […]
HomeEquity Bank, provider of the CHIP Reverse Mortgage, is celebrating Personal Support Workers Day 2022 (PSW Day) on May 19 with its first-ever Home Care Heroes Award. The award was created to acknowledge the vital work that thousands of Personal Support Workers (PSWs) provide for Canadians who want to age in-place – something that HomeEquity Bank believes […]
