A new report by Equifax Canada shows that 90+ days delinquency rates are higher in Alberta and Saskatchewan than the rest of Canada. The report also
Latest monthly insolvency stats down, year-on-year still up
Insolvencies in December 2015 dropped by 5.5% from the previous month, but are up from a year ago. The latest report from the Office of the
Bank of Canada warns of risks of rising household debt
In a speech today at the Guelph, Ontario Chamber of Commerce, Bank of Canada Deputy Governor Lawrence Schembri is emphasizing the bank's concerns over
Insolvencies up year on year
Insolvencies in November 2015 dropped by 4.6% from the previous month, but are 7.0 percent higher than a year ago. The latest report from the
CIBC revises Canadian forecast, downwards
In what it admits is an unusual situation, CIBC has revised its full-year outlook, only a month after releasing it. In an article entitled "The
Canadian household debt increase highest in G7
In a report titled "Household Indebtedness and Financial Vulnerability", the Parliamentary Budget Officer says among G7 countries, Canada has
Insolvencies in Canada rise in October
Insolvencies are on the rise again in October 2015, but the increase is lower than the previous month. The latest figures from Statistics Canada
Canadian Household Debt Hits Record
The latest figures from Statistics Canada show that leverage (measured by household credit market debt to disposable income) hit a record high of
September 2015 Insolvency stats up 12 percent
The latest figures from Statistics Canada show that insolvencies in Canada increased by 12.1 percent in September 2015 from the previous month.