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Millions of Canadians impacted by income volatility: TD
17 May 2017
Canadians with unpredictable income flows are more likely to experience financial challenges and stress today and lack confidence in their financial future.
TORONTO – Almost forty percent (37 percent) of adult Canadians say they have experienced moderate to high levels of income volatility over the past year according to a survey conducted on behalf of TD Bank Group. This equates to an estimated 10 million Canadians who experience income volatility, including approximately 3.3 million whose monthly income can fluctuate by 25 percent or more.
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