Borrowing Boom
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Have Canadian shoppers hit their spending limit?Households are looking increasingly spent, many experts have begun to suggest, and a ceiling on growth in the near term has perhaps been hit.CanadaMar 2, 2016
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The biggest threat to Canada isn’t plunging oil – it’s debtThe biggest danger for the country’s increasingly fragile economy isn’t plunging oil prices, or the threat of a housing bust in Vancouver or Toronto.CanadaFeb 24, 2016
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Younger Canadians most at risk from debt binge, central bank warnsThe biggest vulnerability for Canada's financial system -- climbing household debt -- is increasingly concentrated among those age 45 and younger, Bank of Canada says.CanadaDec 15, 2015
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U.S. interest rates on hold as Fed monitors global eventsThe Federal Reserve is keeping U.S. interest rates at record lows in the face of threats from a weak global economy and unstable financial markets.ConsumerSep 17, 2015
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5 things to watch for at U.S. Fed’s historic interest rate decisionIs the Fed raising interest rates from record lows? The world will find out Thursday afternoon. Here's five things to know in advance.ConsumerSep 17, 2015
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The pros and cons of a U.S. rate hike on eve of historic decisionFor seven years, U.S. borrowers could count on interest rates locked near zero. That could change Thursday, and the effects could be felt far and wide.CanadaSep 16, 2015
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Cash crunch ‘inevitable’ for Canadian households deep in debt: reportFar from pulling back, Canadian households are borrowing at the fastest pace in more than two years, RBC says. A debt wall is likely approaching for some.CanadaSep 2, 2015
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Banks step up scrutiny after flare up of ‘liar loans’ in housing marketFacing questions about their home-lending procedures, RBC and BMO say their internal checks are strong enough to weed out fraudulent applications.CanadaAug 26, 2015
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‘Substantial’ drop in living standards looms for working CanadiansEnjoy cable, dining out or the odd trip abroad? Those relative comforts will be stripped for a huge number of us in our post-work life, a new report warns.CanadaJun 1, 2015
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Debt has surged among Canadian families — but so has net worthCanadian families have become more indebted over the last decade, Statscan says, but against a backdrop of rising real estate worth.CanadaApr 29, 2015
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