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Government of Canada / Gouvernement du Canada

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Opens in new tabFinancial Consumer Agency of Canada (FCAC)

National Financial Literacy StrategyFinding details

All findings

Among Canadians who have debt, 30% of them sought advice from financial professionals to help them manage debt.

Sample size

  • 4,470

Initiative

Collection dates

  • August 01, 2020 to Present

Adopter

Related priorities

This finding relates to the following National Financial Literacy Strategy priorities and target outcomes: 

Priority 4

Enhance access to trustworthy and affordable financial help

  • Target outcome 4.1
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The measure(s) below make up the Strategy‑Aligned Measure (SAM) used to generate this finding. Please note that some SAMs require the use of multiple measures, while others work as a standalone measure. Refer to the Measures Library for more details.

Related

For those with debt, ask: In the past 12 months, did you seek advice from any of the following financial professionals to help manage your debt?

  • Licensed Insolvency Trustee
  • Credit counsellor
  • Debt advisor
  • Other
  • Don’t know
Opens in new tabContribute findings and Strategy‑Aligned Measures

Disclaimer

The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.

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