Credit Education Week

November 10th - 14th 2014

Press Releases

New study in support of Credit Education Week reveals while many struggle emotionally when they don’t reach their financial goals, they expect to fully recover in the long run

Toronto (October 30, 2014) - According to a new survey on personal finance, many young Canadians face delays and admit to taking an occasional wrong turn as they try to get their finances in order and reach their financial goals. But they are determined; 75 per cent take ownership for their mistakes and believe that they will fully recover from their financial setbacks.

New study shows top spending vices include restaurant meals, cigarettes, clothing and lottery tickets

Toronto (November 12, 2013) – Three quarters of Canadians are ready to tackle their spending vices, suggests new research released today. The study, Every Dollar Counts, was conducted by Capital One Canada and Credit Canada Debt Solutions to kick off the seventh annual Credit Education Week, taking place November 12 to 15 across Canada.

Despite 68 per cent of Canadians living on a budget, half feel they’ve lost control of personal finances.

Toronto (Oct. 30, 2013) – When it comes to taking control of your relationship with money, Canadians may want to start with other important relationships – your family and friends. The new consumer trends survey Every Dollar Counts, conducted by Credit Canada Debt Solutions and Capital One Canada for Financial Literacy Month, found Canadians’ spending habits are heavily influenced by the people around them and it’s hurting their ability to reach their personal financial goals.