Tag: Finances
Insolvencies Rise Amid Mounting Financial Stress On Canadian Businesses
Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4 per cent surge in business insolvencies in 2023 when compared to...
Survey Says 73% Of Canadians Trapped By Recurring Subscriptions
Hardbacon, a personal finance application, today unveils the results of a new survey on recurring subscriptions in Canada. These results reveal how Canadians struggle to manage...
Survey Says Spending Is A Source Of Conflict For A Third...
A special Valentine's Day report from the BMO Real Financial Progress Index reveals that while the majority of Canadian couples are compatible in terms of financial...
Younger Canadians Gave Themselves The Lowest Grades For Managing Their Finances...
A new Simplii Financial poll reveals that while most Canadians gave themselves excellent grades on managing their finances in 2023, younger Canadians assigned themselves...
Canadian Economy Expected To Remain Sluggish In Q1 2024
The Canadian economy is expected to display sluggish growth in Q1 2024, after having been more or less stuck in neutral in Q4 2023,...
Paying Down Debt Is The Top Financial Priority For Canadians For...
At a time when higher inflation is putting a strain on household budgets, this year's priority for Canadians is paying down debt (13 per...
Tax Tip – Find Out How A First Home Savings Account...
Canadians can save for a home tax-free using the First Home Savings Account (FHSA). Prospective first-time home buyers can contribute or transfer from their RRSP...
Canadians Plan To Rein In Gift Spending This Holiday Season
A new poll from Simplii Financial finds that Canadians expect to spend an average of $650 this year on holiday gifts, down 14 per cent from...
Canadians Are Concerned About Their Debt But Aren’t Talking About It
As the overall cost of living in Canada continues to reach new heights, over half (56 per cent) of Canadians are finding it challenging to discuss...
78 Per Cent Of Canadians Plan To Cut Back On Holiday...
The BMO Real Financial Progress Index reveals growing concerns about the rising cost of living are affecting Canadians' holiday spending plans. The survey examined Canadians' spending...
