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Canadian millennials are drowning in debt: Four tips to help

There s room for everyone on this raft

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Millennials are driving a rise in Ontario insolvency filings

Millennials accounted for nearly half of total insolvency filings in Ontario, though they make up a quarter of the adult population. Read on

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Millennials make up half of insolvencies filed by Canadians: Study

More than 100,000 Canadians filed for bankruptcy or filed a consumer proposal in 2022, half of which were filed by millennials.

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Canadian Millennials had average debt of $47K in 2022: study

Nearly half of all insolvencies in 2022 were filed by Millennials, even though they make up less than 27 per cent of total Canadian adults, according to a new study.

Doug hoyesTed michalosMichalos associates incInsolvency trustees hoyesOntario based licensed insolvency trustees hoyesBaby boomersCanadian emergency response benefit

Canadian Millennials had average debt of $47K in 2022: study

Nearly half of all insolvencies in 2022 were filed by Millennials, even though they make up less than 27 per cent of total Canadian adults, according to a new study.

Doug hoyesTed michalosMichalos associates incInsolvency trustees hoyesOntario based licensed insolvency trustees hoyesBaby boomersCanadian emergency response benefit

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