So how has the pandemic affected Canadian spending, and what can we expect from this country’s consumers in the future?
According to recent studies, the number of credit card fraud cases has been increasing steadily over the past few years.
Let's look at Canadian credit card statistics by comparing credit card use and debt by age and demographics.
In order to attend college or university, most students have to rely on student loans to cover the high costs of tuition, housing, and school supplies.
Did you know that more than 99% of Canadians have a bank account with a financial institution?
In 2021, medium-sized businesses employed 3.4 million individuals in Canada.
42% of millennials (aged 25-39) self-identify as spenders, as opposed to savers.
With an average monthly salary of $4,206 (USD), Canada ranks 12th on the list of countries with the highest salaries.
