How does your credit card balance compare to other Canadians? Our Credit Card Debt Denial study finds that 27.4% of cardholders incorrectly think their balance is within the national average. Read on to learn more.
Canada’s housing market is overvalued within a range of 10 – 30%, according to the Bank of Canada. What does this mean for home owners and the overall economy? Read on for the full story.
The latest Equifax Canadian debt levels report finds consumers owe a total of $1.5 Trillion! Why are our debt levels so high – and how can you minimize yours, especially during the pricey holiday spending season? Read on for our tips.
Can Canadians really afford to own cars? A study finds auto loans are on the rise – and that they represent an amount of unsecured debt that could pose danger to Canada’s economy. Read on for the full story.
The amount of debt carried by Canadian households rose sharply last year, according to BMO’s Annual Debt Report. The uptick is partly due to an increase in mortgages, and some argue that rising property values will offset the risk. But what if the housing market cools?