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More than half of Canadians say they aren’t financially prepared if interest rates jump

More than half of Canadians say they aren’t financially prepared if interest rates jump

by Eloise Duncan | May 23, 2017 | Financial Health

The average mortgage debt in the country rose 11 per cent during the past year to more than $200,000 even as 52 per cent of Canadians say they lack the financial flexibility to quickly adjust to a change in costs, according to a new survey. Manulife Bank’s annual...

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Perhaps you’re envisioning the impact we can help you achieve at your organization, across Canada, or around the world. Contact us to explore possibilities.

Our Impact

About Us

Our People

Board and Advisory Council

Contact Us

Index

About The Index

Indicators and Scoring Models

Index Development and Methodology

Index Analytics and Custom Solutions

Research and Insights

Why Financial Well-Being Matters

Index Reports

Trending Topics

Programs and Services

Research Measurements and Analytics

Advisory and Consulting

Projects

Engage with us

Measure Financial Resilience

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Privacy Policy

Seymour Financial Resilience Index® is a registered trademark used under license. © 2023 Financial Resilience Society, DBA Financial Resilience Institute. All Rights Reserved.