Should You Pay Off Debt with Peer Lending or Home Equity?
Jun 26, 2017
Nowadays, the bank isn’t the only place that can offer you a loan to pay off debt. Online peer lending companies can lend you up...
Month: June 2017
Who has the Highest Mortgage Payments in Canada?
Jun 19, 2017
Canadian house prices set a new record in May, rising 2.2 per cent over the previous month. In the past year, housing prices have risen...
Why the Bank of Canada is Concerned About Canadians’ Household Debt
Jun 13, 2017
According to the Bank of Canada (BoC)’s semi-annual Financial System Review, a 69-page document examining some of the key risks to the Canadian economy, many...
How to Avoid Debt While Renovating Your Home
Jun 07, 2017
Do you have enough set aside to cover the costs of a home renovation? A new BDO Canada survey has found that 43 per cent...
BDO poll: Many Canadians will sacrifice saving for retirement and paying down debt to renovate their home this year
Jun 06, 2017
43% of Canadians who renovate will use at least some debt to pay for renovations, taking 2.5 years on average to pay off – 21%...