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Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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Warnings about Canadian indebtedness

June 26, 2017 by admin

There are plenty of warnings about the level of debt in Canada.  Here’s a list of articles we’ve published in the last few months.

  • Canadian economy facing deep-rooted problems as wages stagnate, household debt mounts
  • Household debt will pose major risk to Canada’s economy
  • Take Control of Your Debt
  • Self-Employed and Can’t Pay CRA?
  • Half of British Columbians need raise to pay off debt
  • How Money Affects Health
  • Bankruptcy score
  • Canadians Underwater Financially – where
  • One Third of Canadians Fear Bankruptcy
  • Income needed for mortgage stress test
  • Cracks start to show in Canadian Credit Quality
  • Canadian Economy One of Three at Most Risk
  • Is Canada’s Debt Too High?
  • Is Canada’s Debt Too High?
  • Some Canadians would sell an organ to get rid of debt
  • Vancouver and Toronto residents digging into debt
  • US Credit Card are pre-recession levels
  • Vancouver residents carry highest debt
  • Canadians admit to Financial Infidelity
  • Take Control of Your Debt
  • Do I Need a Lawyer if I am in Debt?
  • Survey: Half of Workers say Financial Stress Impacts Work Performance
  • Cut Down Debt Instead of Vacation
  • Top Priority 2018 – Pay Down Debt
  • Average Canadian Owes $8500
  • New High for Canadian Debt
  • Bank of Canada Reiterates High Debt – Interest Rate increase biggest risk
  • Canada’s Debt Level Highest In Developed World
  • Atlantic Canada Debt Woes
  • Dealing with debt – myths and misinformation
  • Filing for Bankruptcy
  • Indebted households vulnerable – but banking system could cope – BOC
  • Canadians Pessimistic About Economic Future
  • More Warnings about Canada’s Borrowing Binge
  • Student Loan Regret
  • Canadians and BC Residents still living paycheck to paycheck – new CPA study
  • Canadians – Addicted to Debt
  • Increasing household debt no longer offset by lower interest rates – PBO
  • FCAC warns Home Equity Lines of Credit may be putting Canadians may be at risk
  • Borrowing for a home reno? Read this.
  • 70 Percent of Canadians couldn’t handle a 10% increase in mortgage rates
  • How Would You Handle an Interest Rate Increase?
  • Financial Consumer Agency of Canada issues Consumer Alert
  • Canadian Household Debt Continues to Rise
  • Why People Won’t Deal With Their Debt
  • No relief in housing affordability: RBC
  • More warnings about exposure in event of housing correction
  • Head of CMHC on household debt and down payments
  • Article warns household debt threatens financial stability
  • Economist Says Millennials Financial Future Threatened by High House Prices
  • Canadian Household Debt Hits Record High
  • Canadians living pay cheque to pay cheque
  • Couples bring debt to relationships – but don’t talk about it
  • Canadian Housing Crash Could Cost Lenders 12 Billion
  • Canadian household debt goes even higher
  • Delinquency rates higher in oil producing provinces: Equifax
  • Bank of Canada warns of risks of rising household debt
  • CIBC revises Canadian forecast, downwards
  • Canadian household debt increase highest in G7
  • Canadian Household Debt Hits Record
  • 40% of Canadian turn to credit to cover expenses
  • BOC says mortgage debt a vulnerability
  • Canadian Credit Market Debt Rises
  • Canadian debt burden continues to climb
  • Canadians Say Debt Payoff is a Priority
  • Canadian Household Debt Hits New Level
  • Canada’s 30 somethings Most Indebted
  • Canadian Consumer Debt Up

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Phone: (604) 605-3335
Toll Free: (888) 850-6585
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We have offices located in Vancouver and Surrey.  We also provide services to residents and businesses in the Yukon Territory.

 

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