Living paycheque to paycheque may not sound ideal, however it is a stressful reality for many, as shown in a new survey from the Canadian Payroll Association (CPA). The CPA found almost half of employed Canadians would struggle if their paycheque was delayed…
Mark Carney’s debt warnings have attempted to lower Canadian household debt – but with levels higher than ever, are Canadians listening?
How will StatCan’s revised debt to income ratio numbers affect Canada’s mortgage market? Are borrowers increasingly vulnerable to rate hikes?
Thanksgiving has passed, and the holiday shopping day countdown is ticking away – must be hockey season! Our fair nation may be standing on guard as the NHL remains embroiled in a lockout dispute, but amateur players and parents everywhere are pulling out their wallets to take to the ice – and our national sport ain’t cheap.
A recent poll finds that Canadians are lowering their personal debt through less spending – but they continue to be anxious about their remaining debt levels.
A new poll finds 92 per cent of Canadians would willingly take out debt – even when it’s not absolutely necessary. Canadians may be more comfortable living with their debt – and as a result, we’re maxing out faster.
Are we in for a lifetime of debt? According to our Cost of the Future study, Canadians are staring down some of the longest debt repayment plans ever – and they’re kicked off by sky-high tuition costs.
Canada’s three major urban centres have experienced a downturn recently, with an increase in unsold inventory from this time in 2011. Is Canada’s reliance on credit to blame?
Whatever happened to actually saving for a purchase? With Canadian debt levels at an 8-year high, it’s safe to say saving has become an antiquated concept. But when it comes to your mortgage, upping the down payment ante can make a HUGE difference for your return on investment. Want to learn more? We’ve crunched the numbers for you with our new Mortgage Calculator!