How the new Canadian government could help you pay down debt
Oct 28, 2015
The votes have been counted, the campaign ads have gone off the air, and Canada now finds itself with a new majority government for the...
Canadians can’t count on a central bank bailout for consumer debt
Oct 21, 2015
In a speech in Washington last week, Stephen Poloz, Governor of the Bank of Canada (BoC), said it’s not in his job description to “protect...
Could you afford a $500 increase in monthly mortgage debt?
Oct 15, 2015
When the interest rate on your mortgage starts to rise, can you keep up with the payments? According to a new survey from the Bank...
Financial literacy and household debt are missing from this election
Oct 08, 2015
With Canadians heading to the polls in two weeks, the economy has been a key theme in this election. But most of the talk seems...
Household debt isn’t only for the young—it’s rising faster for seniors
Oct 01, 2015
In June, Canada’s debt-to-income ratio hit a record high of 164.6 per cent after making its largest jump (from 163 per cent in March) since...