Almost a third of Canadians, 31 percent, are carrying credit card balances typically charged at 19 percent or more, federal data show. The findings of a Financial Consumer Agency survey were disclosed ahead of Wednesday’s Bank of Canada Monetary Policy Report update: “About half, 49 percent, have had to use credit cards, overdraft or borrow from savings for daily expenses.”
This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)
