Business News • MarketWire • BMO Nesbitt Burns: More than One-Third of Canadians Will Use Their 2013 Tax Refund to Pay Bills or Reduce Debt

BMO Nesbitt Burns: More than One-Third of Canadians Will Use Their 2013 Tax Refund to Pay Bills or Reduce Debt

BMO Nesbitt Burns: More than One-Third of Canadians Will Use Their 2013 Tax Refund to Pay Bills or Reduce Debt

TORONTO, ONTARIO--(Marketwired - May 5, 2014) - With just hours to go before the deadline to file 2013 income taxes, BMO Nesbitt Burns has released a study revealing that 37 per cent of Canadians who expect to receive a refund this year will use it to cover household bills and/or reduce their overall debt load. Last year, according to the Canada Revenue Agency, the average individual tax refund received was $1,641.

View More : http://www.marketwired.com/mw/release.do?id=1906344&sourceType=3

Releted News by marketwire