Debt Payments
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Rising interest rates, high household debt to spur ‘payment shock’ for CanadiansVariable-rate debt is getting more expensive to carry as the Bank of Canadas hikes its benchmark interest rate, which could lead to financial pain for heavily indebted households.MoneySep 7, 2022
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More than 50% of British Columbians are $200 per month away from financial insolvency: surveyApril's survey also found 27 per cent of British Columbians reported that they were already insolvent, with no money left at the end of each month to cover their payments.ConsumerApr 8, 2021
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No job during the COVID-19 pandemic? Here’s what you can do in 2021Financial expert Preet Banerjee joins The Morning Show to break down the government benefits that are available for Canadians who are out of work in the pandemic.LifestyleJan 8, 2021
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Rising Ontario household debt expected to go higher by 2021: FAOThe average Ontario household owed nearly $154,000 in 2016 compared to $119,000 in 2010.CanadaJan 23, 2018
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