Investor Presentaiton
CLIMB
3
COVID 19 A financial catastrophe
across Canada.
Even prior to the pandemic consumer insolvency was growing rapidly. Sadly, this
crisis will dramatically accelerate this growth, wreaking financial havoc on hundreds
of thousands of Canadians. Climb is proud to be here for them.
MACLEAN'S
Subscribe
"Many are predicting a 'K-shaped recovery,' whereby those at the top prosper
while the working-class Canadians head deeper into debt."
"Households earning less than $40,000 a year are the most likely (67%, +4) to
find themselves $200 or less away from insolvency, which includes four in ten
(38%, +6) who already are.."
ECONOMY
COVID-19 has created a
debt crisis for Canadian
households
From debt consolidation to consumer
proposals here are options to consider
By Bryan Borzykowski
May 8, 2020
VISA
VISA
MasterCard
MNP CONSUMER DEBT INDEX - OCT 2020
(Lars Hagberg/CP)
VISA
VISA
With about 10 million people
receiving Canada EmergencyView entire presentation