Canadians on the Brink of Debt Spiral
A warning from those that know – Canadians are carrying way too much debt.
That’s the finding from a new survey by the Certified General Accountants
Association.
The CGA says 84 per cent of Canadians carry debt – 14 per cent say it’s
increasing too fast and a full quarter of us aren’t saving any money, even for
retirement. If it continues on the current pace it will only put more downward
pressure on the economy.
It’s all too easy to use that plastic to pay day-to-day living expenses. Years
of