The average amount of Canadian credit card debt has hit a three-year high according to a recent report from TransUnion. What are the top culprits behind high balances? Read on for our breakdown.
There are new debt warnings from the Bank of Canada, as the level of highly indebted households have doubled since the financial crisis. Are you at risk? Read on for our breakdown.
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.
A BMO survey finds half of Canadians are looking to buy a home despite tough housing affordability restrictions.
When does the “shop till you drop” mentality become harmful? If you show the shopaholic warning signs, it may be time to review your spending habits.