Shopping season may have just started, but pre holiday credit card debt has already hit a 2-year high. Is your debt under control? Read on to learn more.
It’s credit crunch time for Canadians! A new report finds the national debt-to-income ratio has hit 164.4%. How can Canadians build credit without going into debt? Read on for this week’s tips.
The latest numbers from Statistics Canada show the national debt-to-income ratio has hit 164.4% – the biggest increase since 2011. Why is debt spiralling so high in Canada – and what can consumers do to lower their own ratios?
How long is your debt timeline? Think you could pay off your student loan or mortgage even faster? Check out this week’s headlines for our top tips.
What’s the biggest risk to our economy? It’s not the low price of oil – the Bank of Canada recently revealed that high levels of household debt and steep housing market are their biggest causes for concern. Here’s what that means for you.
Two of the nation’s biggest real estate sources are at odds over housing predictions – the Bank of Canada and Re/Max do not see eye to eye on whether the housing market is in for a “soft landing”.
The Canadian debt to income ratio now sits at 163.3% – a new high. What is driving such record borrowing levels? Barry Choi breaks down the economic factors.
Two Canadian economic forecasts were revised this week to reflect the damage cause by sliding oil prices. Meanwhile, household consumer debt levels continue to be cause for concern.
The Bank of Canada paved the way for lower interest rates last week by cutting their Overnight Lending Rate. How will consumers be affected? Check out our breakdown, from borrowing to lost jobs.
Want to start the year with less debt and more spending power? Here are 4 money pledges to make in 2015 to make it your richest year ever.