High Debt: That’s O.K., Say Many Canadians
The survey reveals that Canadians are far too comfortable carrying high levels of debt
By News on the Net -- Bio and Archives--September 24,2012
American Politics, News | Comments | Back To Full Article
KITCHENER, ON, - Canadians are alarmingly accepting of debt as a financial strategy, according to a recent Hoyes Michalos/ Harris/Decima poll.
"It's frightening to see that Canadians have become totally blasé about debt - it's becoming their new 'normal' and they're numb to this dangerous trend," says Douglas Hoyes, a bankruptcy trustee with Hoyes, Michalos & Associates Inc.
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