Household Debt
-
More than half of Canadians $200 away or less from missing bill payments: MNPJust over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.MoneyJul 10
-
Canada has the highest household debt level in G7, housing agency warnsCanada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.MoneyMay 23
-
-
Advertisement
-
Canadian households added more debt in the third quarter: Statistics CanadaThere was $1.83 in credit market debt for every dollar of household disposable income in the third quarter of 2022, Statistics Canada says.MoneyDec 12, 2022
-
-
Advertisement
-
High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warnsBank of Canada governor Tiff Macklem said the high amount of debt Canadians have tied up in the housing market is a 'vulnerability' as the economy begins to slow.EconomyNov 10, 2022
-
Canadian debt grew faster than earnings in second quarter: Statistics CanadaStatistics Canada says, on a seasonally adjusted basis, households added $56.3 billion of debt in the second quarter including $48.7 billion in mortgages.CanadaSep 12, 2022
-
-
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
-
-
What would you do with $5,000? Here’s what Canadians said amid high inflationMost Canadians are more concerned with saving and paying down debt amid rising interest rates and inflation than buying a big-ticket item, new polling shows.MoneyAug 22, 2022
-
52% of Albertans say they’re $200 or less per month away from not paying all bills: MNP'The number of Albertans with virtually no wiggle room in their household budgets has increased significantly in the last three months.'MoneyApr 8, 2021
-
-
Advertisement
-
Thinking of taking on more debt? How to DIY your own financial stress testNear-zero interest rates mean you can borrow cheaply. Here's how to tell whether you can really afford it.MoneyJan 22, 2021
-
-
Advertisement
-
Household debt rises to 171% of disposable income, still below 2019 highHousehold debt rose as a share of disposable income between July and September compared to the previous three months, Statistics Canada said.MoneyDec 11, 2020
Trending
-
India claims Canada is terrorist ‘safe haven,’ halts visas in Nijjar row19,371 Read
-
Billy Chemirmir, accused of murdering 22 women, killed by cellmate in jail14,813 Read
-
Police officer fired, arrested after leaving baby in hot car for hours in Texas11,699 Read
-
Alberta couple sells off ‘very impressive’ collection of John Deere memorabilia10,722 Read
-
Foreign Interference: RCMP investigate death of B.C. man targeted by China8,344 Read
-
Canada trades billions in goods with India. As tensions rise, what’s at stake?5,645 Read
-
Top Videos
-
India halts visa services in Canada as diplomatic spat escalates5,276 Viewed
-
Canada-India tensions: Five Eyes countries walking diplomatic tightrope4,774 Viewed
-
India issues travel advisory for Canada2,302 Viewed
-
Russia’s Sevastopol shipyard in flames, 2 ships damaged following Ukrainian attack2,126 Viewed
-
Quebec’s Anticosti Island named UNESCO World Heritage Site1,847 Viewed
-
Dueling protests over the issue of transgender policy in schools were held in cities across Canada1,402 Viewed
-