VANCOUVER -- It has already been one year since the first COVID cases arrived in Canada.
Community engagement partner at Bromwich + Smith Taz Rajan joined CTV News Vancouver at Noon to share some financial learnings from the pandemic.
A recent study by Bromwich + Smith suggested the pandemic has led to less stigma around restructuring debt.
Eight-in-10 Canadians supported debt forgiveness for those dealing with the death of a loved one (72 per cent), job loss (63 per cent) and student loans (52 per cent).
Rajan said the pandemic has brought more awareness to the importance of financial security.
It has made people re-evaluate their security and emphasize the importance of having an emergency fund.
For those dealing with debt, Rajan explained, one of the first steps is leaning in and knowing your numbers.
People should know that they are not alone and many are struggling with debt at this time. Reaching out to experts can help gain fresh perspective on a debt situation.
Bromwich + Smith offers a free, no obligation, personalized call to help people gain clarity.
Staff members can provide information on the next steps that can be taken so informed decisions can be made.
There are many reasons why people go into debt and Bromwich + Smith provides ongoing support for those looking for debt relief solutions.
