Canadians debt
The average Canadian owes $8,500 in consumer debt, excluding their mortgage: Ipsos poll
Nearly half of respondents (46 per cent) said they have no consumer debt whatsoever. Continue reading
Here are the provinces with the highest and lowest family net worth
The share of seniors with a mortgage, meanwhile, has nearly doubled since 1999. Continue reading
77% of Canadian graduates have regrets about student debt: poll
The report found 30 per cent of graduates would have kept more frugal budgets. Continue reading
Indebted Canadians using ‘homes as ATMs,’ consumer agency warns
The number of households that have taken a home equity line of credit (HELOC) on top of their mortgage has soared nearly 40 percent since 2011, Continue reading
Nearly half of Canadians aren’t keeping up with financial goals: poll
A new report from CIBC says about half of Canadians aren’t taking sufficient steps to stay on top of their financial priorities in the coming year. Continue reading