by CP24 Toronto
OTTAWA - Scott Hannah says business just keeps getting busier.
The head of Credit Counselling Services in Vancouver says the number of people coming for help was up seven per cent this year and there's no sign that pace is going to let up.
And making matters worse, the jump followed a nearly 30 per cent increase in 2011.
"Not only did it grow, but we're seeing that the average indebtedness of consumers continues to creep up," Hannah said of his clients.
Personal debt levels climbed to record levels in 2012.
Both Bank of Canada governor Mark Carney and Finance Minister Jim Flaherty spent much of the year warning Canadians about the perils of too much debt . . . (Read More).