OECD Warns on Rising Debt Risk as Canadians Most in the Red

by Eloise Duncan | Nov 27, 2017 | Financial Health, Financial Resilience, Financial Wellness

OECD Warns on Rising Debt Risk as Canadians Most in the Red Further evidence that financial stress is now a mainstream issue. As reported in our white paper series, increased debt loads are putting Canadians in financially precarious situations. The OECD warned that...

One in two Canadians is a bundle of nerves about money

by Eloise Duncan | Nov 16, 2017 | Financial Health, Financial Resilience, Financial Wellness

We spend, we worry about money, we spend some more. Why do we do this to ourselves? A recent survey of 5,200 people by a financial services consulting firm has uncovered a staggering level of repressed financial stress. Forty-seven per cent of participants agreed that...

Is Your Financial Situation Shameful?

by Eloise Duncan | Nov 7, 2017 | Financial Health, Financial Resilience, Financial Wellness

Shame and embarrassment often impede Canadians from acknowledging their personal financial struggles, a new study – commissioned by financial services group Manulife – on health and wealth finds. “The stigma, shame and embarrassment of being financially...

Few Canadians are destined to hit their retirement income ‘sweet spot’

by Eloise Duncan | Nov 7, 2017 | Financial Health, Financial Resilience, Financial Wellness

Just as astronomical telescopes allow us to glimpse the distant past, a “demographic telescope” allows us to peek into the distant future. What Canadian demographics are telling us is that only a small fraction of Canadians will retire with an adequate...