Debt
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Ontario cities have the worst credit card debt in Canada, study findsThe latest data from money.ca shows that seven of the county’s top 10 worst cities for credit card debt are from Ontario, with Barrie, Ont. taking the number one spot.EconomyMay 2
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Debt burdening Manitobans, but 27% are feeling better about it, data showsThe latest consumer debt index from MNP Ltd. finds 27 per cent of Manitobans feel better about their current debt situation compared to last year.MoneyApr 8
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Ottawa wants billions more for debt, defence, Indigenous kidsThe single biggest item the government needs more money for is an extra $3.2 billion to service the national debt.CanadaFeb 20
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Financial group says 1 in 5 Sask. and Manitoba residents using savings to pay debtThe MNP consumer debt index said 60 per cent of residents across Saskatchewan and Manitoba are concerned about inflation rates and getting a handle on their debt.CanadaJan 9
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Albertans most concerned about ability to repay debts: consumer debt indexAccording to a consumer debt index published by debt insolvency trustees at MNP, Albertans are also the most likely in Canada to be concerned about their level of debt.ConsumerJan 8
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Debt to income ratio edges lower – but servicing costs at record highsStatistics Canada says the amount Canadians owe relative to their income edged lower in the third quarter, but the cost of servicing that debt relative to income climbed higher.MoneyDec 13, 2023
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More Canadian businesses are missing debt payments, Equifax saysThe report by Equifax Canada says overall delinquencies for businesses in the third quarter rose 3.4 per cent compared with the previous quarter.MoneyDec 12, 2023
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Your credit rating could tank by making these common mistakesEven for those with generally good spending habits, some common mistakes can tarnish, or even outright tank, a credit rating - and it's not always as obvious as serious debt.MoneyNov 28, 2023
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Surging cost of living leading to ‘inflation isolation’ in B.C.: PollThe rising cost of living is having a negative effect on British Columbians' mental health and social connections, not just their pocketbooks, according to a new poll.EconomyNov 27, 2023
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Black Friday shoppers exercising caution for holiday spending seasonConsumers are being inundated with Black Friday deals. But with inflation and a high cost of living, are shoppers willing to spend as much this year?CanadaNov 23, 2023
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