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Business & Economics

One out of two Canadians have borrowed to cover basic necessities: Poll

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Summary
Nutrition label

66% Informative

Survey by insolvency trustee firm Harris and Partners found 53% of people borrowed money to pay for basics.

77% of Canadians admit to having credit card debt in the last two years .

50.5% feel stressed managing their debt and 39.8% report their debt is negatively affecting their personal relationships.

VR Score

69

Informative language

69

Neutral language

65

Article tone

informal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links