Credit Counselling Society

• Fewer Canadians able to save money amid tough economic times: ‘Huge shift and not a good one’

  As inflation and the cost of living create stress, managing home finances is critical to making ends meet, says a Kelowna psychologist, and it's also vital to mental health.

  Canada

  Jan 26, 2023
  
• Huge increase in number of people seeking credit counselling amid challenging economy

  On Wednesday, the Bank of Canada increased its benchmark interest rate to 4.5 per cent, an increase of 25 basis points.

  Canada

  Jan 25, 2023
  
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• One in three Canadians struggles with non-mortgage debts, Credit Counselling Society says

  “About a third are saying their finances are in the worst shape (than before the pandemic)," said Scott Hannah, Credit Counselling Society's president.

  Canada

  Feb 3, 2022
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• Albertans increasingly concerned with covering next year’s expenses without going into debt: survey

  A so-called return to normal in Alberta as provincial health restrictions are lifted is bringing the reality of debt back into focus.

  Consumer

  Jul 19, 2021
• Alberta homeowner questions unexpected, shockingly high power bills after deferring payments

  An Alberta man who deferred his utility bill payments during the height of the COVID-19 pandemic is questioning how much he now has to pay.

  Consumer

  Oct 1, 2020
• Calgary group fills demand for free school supplies as Albertans struggle with finances

  A Calgary group handing out free backpacks and school supplies is surprised at the huge demand from struggling parents and kids.

  Money

  Sep 10, 2020
• Ipsos poll finds half of Canadians don’t trust professional help with debt — experts say there’s a reason

  Many debt-help companies are loosely regulated.

  Money

  Aug 10, 2019
• Canada’s household debt-to-income ratio still near record despite rising rates

  Canadians' failure to reduce debt despite rising borrowing costs is 'concerning,' one debt counsellor warns.

  Money

  Dec 14, 2018
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• Debt hangover: What it is and how to get over it

  Here are the symptoms, causes and treatment options for one of Canada's most common financial ailments.

  Money

  Jan 2, 2018
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• The true cost of credit card minimum payments

  "The trap is you can make the minimum payment for a while, but then balances go up and then all you can make is the minimum and you're stuck for a long period of time."

  Consumer

  Mar 24, 2017