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World Financial Group Insurance Agency of Canada Releases New Financial IQ Study about Consumer Financial Resilience
Less Than Half of Canadians Understand their Finances, While Concerned About Day-to-Day Cost of Living TORONTO, April 19, 2023 /CNW/ — World Financial Group Insurance Agency of Canada Inc. (WFGIAC) released the results of a new, independent Financial IQ™ study that assesses the financial resilience of the general Canadian population and WFG Canadian insurance agents. The findings show that during a time of economic uncertainty and ongoing challenges with rising food and energy costs, a large percentage (70{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}) of Canadians see the day-to-day cost of living being a top financial priority and less than half (41{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}) of households believe they are able to understand their personal finances. Additionally, 37{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of those who participated in…

