Majority of Canadians can’t afford to live, new survey warns

Subhead:Over 57% say their income doesn’t cover basics like food, rent, and bills — and the mental health fallout is growing just as fast as the debt.#

 

A new national survey by Licensed Insolvency Trustee firm Harris & Partners has confirmed what many Canadians already feel in their gut: the money’s not stretching far enough anymore.

According to responses from over 1,700 Canadians, 57.3% say their income no longer covers essential expenses like rent, groceries, and utilities. The data paints a sobering picture of a country where even full-time workers are falling behind, forced to rely on credit or skip bills just to stay afloat.

Author: contributor

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