Debt

Household debt to income ratio hits record high Fallback Image Decorative pattern

Economic Indicators

Household debt to income ratio hits record high

Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports

By The Canadian Press |March 11, 2022

1 min read

Canadians took out fewer new mortgages in Q4 while debt continued to increase Fallback Image Decorative pattern

Economic Indicators

Canadians took out fewer new mortgages in Q4 while debt continued to increase

Average credit card spending for the period was higher than ever

By The Canadian Press |March 7, 2022

2 min read

FSB prepares to fight post-pandemic debt hangover FSB prepares to fight post-pandemic debt hangover

Economic Indicators

FSB prepares to fight post-pandemic debt hangover

Paper examines the long-term fallout from massive government support

By Staff |February 23, 2022

2 min read

End to interest relief on pandemic benefits could lead to more insolvencies End to interest relief on pandemic benefits could lead to more insolvencies

Tax News

End to interest relief on pandemic benefits could lead to more insolvencies

A study found that tax obligations and student loans drove a rise in unsecured debt

By Staff |February 14, 2022

2 min read