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January 20, 2025 08:00 ET | Source: Sands & Associates

Problem Debt Significantly Affecting Mental Health of British Columbians, Consumers Waiting Longer to Seek Help – 12th Annual BC Consumer Debt Study

Latest BC Consumer Debt Study shows debt is having serious impacts on consumers’ mental health and individuals are waiting longer than ever to seek help.
January 15, 2024 08:00 ET | Source: Sands & Associates

BC Cost of Living Increasingly Driving Consumers to Insolvency, with Mental Health Suffering the Impacts of Debt-Stress – 11th Annual BC Consumer Debt Study

New BC Consumer Debt Study Findings Say Mental Health Suffering the Impacts of Debt-Stress, BC Cost of Living Increasingly Driving Consumer Insolvencies
March 20, 2023 13:00 ET | Source: Chartered Professional Accountants of British Columbia

CPABC: Building investment strong in 2022, but high inflation and interest rates weaken outlook

VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment...
February 28, 2023 19:49 ET | Source: Chartered Professional Accountants of British Columbia

CPABC: B.C.’s Budget 2023 Aims to Boost Housing Supply

VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Amid rising costs and other challenges, Budget 2023 earmarks significant funding in many areas to “help British Columbians weather the...
January 16, 2023 08:00 ET | Source: Sands & Associates

Consumers Turning to Credit Cards and Payday Loans to Cover Costs of Living, with Debt-Stress Impacting Mental Health, Self-Esteem & More – 10th Annual BC Consumer Debt Study

Credit card debt a problem for nearly 3 in 5 individuals polled in the 2022 BC Consumer Debt Study, and worrying high-cost payday loan use is on the rise. Most troubling - almost 4 in 5 people said...
February 22, 2022 21:21 ET | Source: Chartered Professional Accountants of British Columbia

CPABC: B.C.’s Budget 2022 Targets Labour Shortages

VANCOUVER, British Columbia, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Budget 2022 is broadly focused, putting people first to build a stronger B.C., with targeted spending in areas that will lead to a more...
January 17, 2022 07:30 ET | Source: Sands & Associates

Costs of Living, Credit Cards & COVID-19 – Latest BC Consumer Debt Study Highlights Consumer Debt Problems, Debt Impacts on Mental Health and More

Credit card debt cited five times more than other types of problem debt; using credit for essential costs of living the main cause of debt reported by 18% of insolvent consumers, and more than 3 in 4...
January 11, 2021 07:30 ET | Source: Sands & Associates

Credit Card Debt and COVID-19 Pandemic Pushing BC Bankruptcies and Proposals – Revealing New Debt Study Goes Beyond the Numbers

VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Sands & Associates, BC’s largest firm of Licensed Insolvency Trustees serving individuals and small businesses, released the...
February 10, 2020 06:00 ET | Source: Sands & Associates

Credit Card Debt Driving Insolvencies – Even for Consumers with Full-Time Employment and Good Credit Scores

VANCOUVER, British Columbia, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Working full-time and hold a good credit score? That might not be enough to keep a debt problem from setting in. A new BC debt study...
March 21, 2016 07:00 ET | Source: Sands & Associates

Sands & Associates Releases Fourth Annual BC Consumer Debt Study

VANCOUVER, BC--(Marketwired - March 21, 2016) - Sands & Associates, BC's largest firm of Credit Counsellors and Licensed Insolvency Trustees released results of their fourth annual BC...