Personal Debt

• Roughly half of Canadians financially insecure as debt confidence hits record low: report

  The latest MNP Consumer Debt Index found the twin stressors of holiday spending bills coming due and the resurgent COVID-19 pandemic has Canadians feeling squeezed.

  Money

  Jan 17, 2022
  
• Tips to get out from under those holiday bills

  According to a recent poll commissioned by CIBC, debt repayment is the top financial priority for Canadians for the 10th year in a row.

  Jan 7, 2020
  
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• Financial analyst weighs in on StatsCan figures suggesting retail sales down in Alberta

  The latest figures from Statistics Canada are providing a reality check on how retail sales are doing in Alberta going in to Black Friday and the Christmas shopping season.

  Consumer

  Nov 28, 2019
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• By the numbers: How to reduce your debt when you can’t repay

  There are three main options: here's how they work.

  Money

  Sep 7, 2019
• Canadian consumer debt just keeps growing — but here’s why it’s not a problem yet

  Debt is up, it's true. But here's the thing about that.

  Consumer

  Mar 12, 2018
• Over half of Canadians are $200 or less away from not being able to pay bills

  And many appear to have a shaky grasp of how interest rates affect debt payments.

  Canada

  May 8, 2017
• Nearly half of Canadian homeowners lack proper emergency fund: survey

  An emergency fund is meant to be there in times of need, but a new survey suggests nearly half of Canadian homeowners would be ill prepared for a personal financial dilemma such as job loss.

  Canada

  Nov 24, 2016
• 38 per cent of Canadians struggled to pay bills: poll

  A new survey from suggests that nearly 40 per cent of Canadians have struggled to cover their household expenses at least once in the past year.

  Money

  Nov 26, 2015
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• Consumers tapped out? Retail spending unexpectedly declines

  Grappling with high debt levels, consumers have eased up on spending, according to the latest retail sales figures released on Wednesday.

  Canada

  Oct 22, 2014
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• Canadian appear headed for more record debt

  Canadians are still on target for a record year of personal debt despite ending 2013 by making a small dent in the money they owe.

  Money

  Feb 26, 2014