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More than a million Canadians believe they are on the verge of having to declare bankruptcy, according to the findings of a new poll released Thursday.

The survey conducted by DART & maru/Blue found an even larger group — 4.2 million Canadian adults — said they consider themselves to be heading towards bankruptcy over the next three months unless their personal financial conditions improve.

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Middle-aged and younger Canadians with middle-to-lower incomes appear “most vulnerable to bankruptcy,” the survey found.

This will be the next wave that we will have to keep a close eye on over the next couple of months

“This middle-age, middle-income group is going to get hammered the hardest with the reduction of jobs and lost income,” said John Wright, a partner at DART.

“This will be the next wave that we will have to keep a close eye on over the next couple of months.”

He said his group’s polling from the outset of the pandemic crisis in North America has consistently shown that between four and five per cent of the Canadian population believes themselves to be in “either dire or desperate circumstances over the next three months.”