Monday, September 20, 2010

CANADIAN POVERTY

"The recession may be officially over, but six in 10 Canadians are still surviving from paycheque to paycheque, a national survey showed Monday. Fifty-nine per cent of Canadian workers say they would be in financial trouble if their paycheque was delayed by just a week- the same proportion as last year when the economy was still mired in a downturn, according to a poll of 2,766 people by the Canadian Payroll Association. The survey comes as the OECD today warned that record high debt levels have left many Canadians vulnerable to any future adverse shocks." (Globe and Mail, 13 September) RD

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