Long before this pandemic, alarm bells were ringing about the amount of household debt Canadians are carrying. Now, the financial stress for many is through the roof. Some aren’t earning at all, many are earning less, and millions are getting emergency benefits from the government. What happens when all that ends? David Akin explores that for us.
Also, Dawna Friesen speaks with personal finance expert Preet Banerjee about the dangerous tipping point Canada is facing with the debt crisis and what if anything Canadians can do to insulate themselves from financial ruin.
For more info, please go to http://www.globalnews.ca/thenewreality
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #TheNewReality #Coronavirus