1 in 3 Canadian workers report they are in serious financial distress and are dissatisfied with their personal finances. A survey by the Canadian Payroll Association says nearly 60 per cent of Canadians are living paycheque to paycheque and they would be in trouble if one paycheque were to come one week later.
“We were shocked by that number. So many Canadians are now living so close to the line that, if they miss a single paycheque, a majority will find themselves in financial difficulty,” said Janice MacLellan, chair of the Canadian Payroll Association.
