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COVID-19 Study: Vulnerable Canadians Falling Through The Cracks

A survey reveals the financial struggles and lack of financial support many vulnerable Canadians are facing amid the ever-growing COVID-19 pandemic.

Canadians Affected By COVID-19 More Vulnerable to Predatory Payday Lenders

As more and more Canadians lose their income due to COVID-19, many will start to panic about their bills and thus rely on dangerous payday loans.

49% of Canadians on The Brink of Insolvency

As Canadians experience more and more financial stress more and more consumers on the brink of insolvency and struggling to manage their debt loads.

Statistics on Credit Card Trends in Canada

As more and more Canadians opt for credit cards over cash due to speed, convenience and extra perks, we turn more into a cashless society.

Is Drunk Shopping Affecting Your Personal Finances?

Ever shopped while you were drunk? Well, you're not alone, 1 in 3 Canadians have purchased something while under the influence. Read more to find out ... Read More

Most Recent Consumer Insolvency Rates

According to the Government of Canada, Canadian insolvency rates (with data from 2018) are currently at 4.3%. Of all the insolvencies, 1.9% are bankru... Read More

Annual Consumer Insolvency Rates By Province 2010-2018

Loans Canada studies insolvency trends amongst the provinces for the years 2010 - 2018. Insights show a change in bankruptcy and consumer proposals cl... Read More

Study: Financial Literacy vs. Financial Well-Being And Credit-Constrained Canadians

Do credit-constrained Canadians consider themselves financially knowledgable and how it is affecting their financial habits and well-being.

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