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Financial Resilience Index: A New Tool to Refine Income Support

Governments were generous and broad in their financial support during the COVID-19 pandemic, but as the economy returns to a normal state – and fiscal positions remain under strain – it is imperative that any future stimulus be targeted. Understanding which groups...

New Study on the financial resilience and financial well-being of low-income Canadians

TORONTO, Nov. 1, 2021 /CNW/ - Despite their best efforts, many low-income households in Canada have seen their finances deteriorate significantly over the past year and are having trouble finding the financial help they need, according to a new Seymour Management...

The financial resilience and financial well-being of Canadians during the COVID-19 pandemic

As Canada continues to recover from the health and economic impacts of the COVID-19 pandemic, there are concerns for the financial well-being of Canadians and a heightened awareness of the need for households to maintain or build their financial resilience. Financial...

Looking at Canada’s COVID-19 experience through a well-being lens Since mid-March 2020, Canada has faced profound economic and social impacts as a result of the COVID-19 pandemic. For obvious reasons, much attention has been placed on the immediate health effects of...

PROVIDING A DEEP DIVE ON THE FINANCIAL RESILIENCE AND VULNERABILTY OF CANADIANS DURING COVID-19

During COVID-19 over 18 million adult Canadians are not ‘Financially Resilient’, with the financial health and resilience gap widening between June and October NORTH VANCOUVER, BC, CANADA, November 26, 2020 /EINPresswire.com/ -- SEYMOUR MANAGEMENT CONSULTING INC....

Subprime Canadian borrowers are weathering the crisis just fine

Canada’s most vulnerable debtors are holding up admirably through the worst economic contraction since the Great Depression, thanks to massive government assistance and a steep drop in monthly spending. Non-bank lenders active in the subprime market — such as goeasy...