By the Numbers: Debt, retirement, and savings in Canada

Toronto – September 12, 2016 – More and more Canadians are living paycheque to paycheque as workers and their families grapple with stagnant incomes, rising expenses and debt, and a struggling economy. Unable to save adequately, many Canadians are worried about their retirement and are therefore working longer.

Sources: Canadians living pay cheque to pay cheque, challenged by debt and economy, payroll survey finds,” The Canadian Payroll Association, 7 September 2016; “Half of working Canadians living paycheque to paycheque: survey,” The Globe and Mail, 7 September 2016.