News

See some of the stories, research and news related to the financial stress, health and resilience of Canadians. These come from recent press articles, our work and other
leading research and thinking around the globe.

Press, Stories and White Papers

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How much Canadians have fallen behind amid high inflation and who’s hurting the most

Source: Bloomberg February 8, 2023   Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform. While the inflation rate shows how quickly prices are rising, other factors like income and...
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New study shows 73% of lower-income Canadians now ‘financially vulnerable’ or ‘extremely vulnerable’

Source: Prosper Canada, Newswire.ca Nov 14, 2022   TORONTO, Nov. 14, 2022 /CNW/ - A new study conducted by the non-profit Financial Resilience Institute and commissioned by charity Prosper Canada shows that 49 per cent of Canadian households overall are...
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Uh, Mr. Poilievre? Canada Pension Plan premiums are not a tax

Uh, Mr. Poilievre? Canada Pension Plan premiums are not a tax. Source: Rob Carrick, Globe and Mail September 27, 2022   It’s a little insensitive, but necessary, to raise the issue of retirement saving at a time when many households are struggling to pay for...
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Trudeau announces billions in cost-of-living relief, says it won’t fuel inflation

Double GST rebate and top up housing benefit for renters Prime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices, as his governing Liberals face increasing political pressure to mitigate the cost-of-living...
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Stress in America. Money, inflation, war pile on to nation stuck in COVID-19 survival mode.

Source: The American Psychological Association | Date: May 19, 2022 March 11, 2022, marks the second anniversary of the COVID-19 global pandemic declaration by the World Health Organization. In the two years since that declaration, virtually all aspects of life have...
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Canadian Inflation Blows Past Expectations, Spiking to 6.7%

Source: Bloomberg | April 20, 2022   Canadian consumer price inflation shot past expectations in March, jumping to a new three-decade high and cementing expectations the Bank of Canada will continue with aggressive interest rate hikes in coming weeks. Annual...
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