10/29/2025
One in three Canadians has followed bad financial advice — and 77% lost over $1,000 because of it (Co-operators Group Ltd.). Nearly half feel overwhelmed by conflicting info online. “The challenge isn’t finding information; it’s filtering it,” says Jess Baker of Co-operators. Younger Canadians are hit hardest: 31% of Gen Z and 19% of millennials acted on misleading advice. As Jessica Moorhouse notes, “Young adults face new financial pressures — from rising costs to digital side hustles.”
