Debt

Does your client suffer under student debt?

If your client is a student, struggles with cash flow might be expected, but some students experience greater financial challenges. That’s because student debt is often cited in insolvency. In fact, almost one in seven insolvencies involve student debt, says a report by Hoyes, Michalos and Associates Inc., which is based on a seven-year review […]

By Staff |September 5, 2018

2 min read

Economic Indicators

Canadian debt-to-income ratio declines in Q4

In Q4, there was $1.70 in credit market debt for every dollar of household disposable income

By Staff, with files from The Canadian Press |March 15, 2018

3 min read

Industry

25% of Canadian retirees live with debt: survey

All clients want a worry-free retirement, but some could find themselves facing financial challenges in their golden years. Read: How much retirement saving is enough? That’s because 25% of Canadian retirees are living with debt, finds a national survey from Sun Life Financial. In fact, some retirees still use credit as they did before retirement, […]

By Staff |February 21, 2018

2 min read

Economic Indicators

How U.S. tax reform affects leveraged buyouts

A look at how U.S. tax reform will affect leveraged companies

By Mark Burgess |February 20, 2018

2 min read

Payday loans on the rise: survey

Payday loans are becoming more popular for heavily indebted Ontarians. Read: Now’s a good time for that debt discussion Almost one-third (31%) of 2017 insolvencies in the province involved payday loans, finds research from Hoyes, Michalos & Associates, an insolvency trustee firm. That’s up from 27% in 2016, and is the sixth consecutive year-over-year increase […]

By Staff |February 12, 2018

2 min read