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According to a new Equifax report, Canadian consumer debt has now climbed to over $1.8-trillion, up from the $1.797 trillion reported in the previous quarter. And concern arises as… Continue reading »
According to a recent OSC report, saving up for a home and paying down debt seem to take priority by far over investing for millennials.
While 80 per cent have savings accounts, only half are investing, and 42 per cent have less than $25,000 in the markets due to… Continue reading »
Statistics Canada says our debt-to-disposable income ratios are at an all-time high, but it’s not all bad news. Read on to find out the factors influencing these numbers on how you can narrow the gap. Continue reading »
We’ve all heard the warnings about carrying too much credit card debt – but a recent study finds Canadian card balances may actually be of benefit to the nation’s biggest lenders. Continue reading »
What top economic issues are sure to take centre stage (and hit your wallet) next year? Check out our 2016 financial outlook. Continue reading »
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. Continue reading »
Canadian home buyers are doing a better job of paying off their mortgages, reports the CMHC’s Q3 update. The average credit score of borrowers is also improving – read on for the full story. Continue reading »
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. Continue reading »
Two December debt reports were released this week with some dire news for Canadian consumers. Here’s what you need to know, plus the week’s top finance headlines. Continue reading »
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. Continue reading »