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Canadian Seniors in Debt: How It Happens & What To Do About It


Tuesday, February 10th, 2015 A.C. Waring

There are numerous seniors in Canada today in financial crisis. Although seniors were typically the most stable age group financially, more older Canadians are finding themselves in debt. A study by the Vanier Institute of the Family showed that almost 43 per cent of seniors aged 55 to 64 were in debt in 2012, compared…

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