Tag: money
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Why Nearly 1 in 3 Canadians Are Retiring with Mortgage Debt

Nearly 30% of Canadians approaching retirement in 2025 will still carry mortgage debt. Discover why retirement is changing – and how downsizing, delayed homeownership, and rising costs are reshaping plans.
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85% of Canadians Now Living Paycheque to Paycheque, Says H&R Block Survey

Rising costs of living put increasing pressure on household finances across Canada A new survey from H&R Block Canada reveals a sobering financial reality for many Canadians: 85% of respondents say they are living paycheque to paycheque in 2025, a steep increase from 60% reported in a similar study conducted in 2024. The findings underscore…
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47% of Canadians are living paycheque to paycheque, according to a recent poll.

The financial landscape for many Canadians is becoming increasingly challenging. Factors like inflation, escalating rent and home prices, rising interest rates, and hefty taxes are stretching personal finances thin. Recent studies indicate that nearly half of the working population in Canada is living paycheck to paycheck. Understanding the Pressure on Personal Finances For many Canadians,…