Study says B.C. women more stressed by finances than women elsewhere in Canada
VANCOUVER — A new report from Canada’s largest community credit union says more than half of women in British Columbia experience “extreme emotional stress” when considering their financial situation.
The report from Vancity reveals a “financial health gender gap” in B.C., and says while money worries cause extreme stress for 52 per cent of women, 38 per cent of men in the province feel the same way.
The study also highlights financial and economic differences between women in B.C. and other parts of Canada.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for housing and face a higher cost of living than women in the rest of the county.