This week on the podcast: A new report says the number of Ontarians who can't pay their monthly bills has reached an all-time high: nearly two out of every five people. Do the dire stats have a silver lining?
Welcome back to Inside the Village, a one-of-a-kind podcast where all news is local — and no topic is off-limits.A new report from the insolvency firm MNP Ltd. says the number of Ontarians who can't cover their monthly bills has reached an all-time high: 38 per cent, or nearly two out of every five people. And more than half — 54 per cent — say they are $200 away or less from not being able to meet all their financial obligations.
Is there reason for hope? Insolvency trustee David Gowling thinks so. He joins us to dissect the numbers.
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INSIDE THE VILLAGE: Across Ontario, more people than ever can't cover their billsThis week on the podcast: A new report says the number of Ontarians who can't pay their monthly bills has reached an all-time high: nearly two out of every five people. Do the dire stats have a silver lining?
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