45% of Canadian students struggle with basic needs due to financial instability, per a TD Bank survey.

45% of Canadian students struggle to cover basic needs like food and housing, as per a recent TD Bank survey. 65% of students defined themselves as financially unstable. While 64% reported having a budget, only 41% could consistently follow it. The survey, involving 514 students and 515 parents, found that 94% of post-secondary parents provided financial support, with 58% offering significant amounts.

August 27, 2024
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