Nearly 50% of Canadians couldn’t cover more than two months of expenses after a job loss, says new report

Nearly half of working Canadians feel less financially secure than a year ago, while 47 per cent could cover no more than two months of expenses after a job loss, according to a new report out Wednesday from Money Mentors conducted with Angus Reid.

“Canadians are not feeling better about their money, they’re not living their best financial lives,” said Stacy Yanchuk Oleksy, chief executive at Money Mentors, an Alberta-based, non-profit credit counselling and financial education agency. “We see a lot of Canadians are struggling, and I think it’s gotten worse post-pandemic … especially with Read Entire Article