A new report by the Canadian Centre for Policy Alternatives titled Addicted To Debt: Tracking Canada’s Rapid Accumulation of Private Sector Debt warns
Increasing household debt no longer offset by lower interest rates – PBO
The Office of the Parliamentary Budget Officer has released a new report titled: Household Indebtedness and Financial Vulnerability - Recent
FCAC warns Home Equity Lines of Credit may be putting Canadians may be at risk
The Financial Consumer Agency of Canada is warning that the growth of Home Equity Lines of Credit in Canada may be putting some consumers at
Borrowing for a home reno? Read this.
Global's online national reporter Erica Alini has published an article about the risks of borrowing against your house to pay for home
70 Percent of Canadians couldn’t handle a 10% increase in mortgage rates
A new survey by Manulife is again raising flags about the risk Canadians face if mortgage rates were to increase. The survey released on 23 May
How Would You Handle an Interest Rate Increase?
A new survey by Ipsos in Canada shows a majority of Canadians would be concerned about their ability to pay their debts if the current interest rates
Financial Consumer Agency of Canada issues Consumer Alert
Saying that "some companies offering help to pay off debt or repair credit are misleading consumers", the Financial Consumer Agency of Canada (FCAC)
Canadian Household Debt Continues to Rise
The latest figures from Statistics Canada show Canadian household debt continues to rise. For every dollar of income, Canadians owe $1.67 in
Why People Won’t Deal With Their Debt
Common Misconceptions People Have About Getting Help from a Licensed Insolvency Trustee “I have a good credit record now and don’t want it