REPORT: B.C. women are financially stressed, stretched and under-resourced

by Eloise Duncan | Mar 7, 2018 | Financial Health, Financial Resilience, Financial Wellness, Vancity, Women Financial Health

March 7, 2018, Coast Salish Territory/Vancouver, B.C. – B.C. women worry more than B.C. men about their finances, with 52% experiencing “extreme emotional stress” and 59% feeling unsatisfied with their financial situation, according to a new Vancity...

Canada has a strong foundation for financial happiness. So why is the mood so dark?

by Eloise Duncan | Dec 12, 2017 | Financial Health, Financial Resilience, Financial Wellness

There’s lots to celebrate in Canada from a financial point of view as we head into the final weeks of 2017. Unemployment is down, wages are up, stocks are chugging along and houses have held the value they’ve built up in the past decade. We have a strong...

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...