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As we head into warmer months and sunnier days, some Canadians are worrying about whether they can afford all the summer-time things they’d like to do. According to a new survey commissioned by the Chartered Professional Accountants of Canada (CPA Canada), 31 per cent of Canadians anticipate stress when it comes to expenditures this summer.

Income volatility is linked to lower levels of financial knowledge and capability, often leading people to conclude that they have no personal control of their fiscal situation, according to ground-breaking new research from Chartered Professional Accountants of Canada (CPA Canada). While the link is intuitive, prior to this study, there was little research into the prevalence of income volatility in Canada and its correlation to financial behaviours.

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