Debt

Average household debt tops $90,000 Fallback Image Decorative pattern

Industry

Average household debt tops $90,000

Average household debt in Canada is $92,699, finds BMO poll, compared to the four-year average of $88,303.

By Staff |July 10, 2015

1 min read

Majority are comfortable with debt Fallback Image Decorative pattern

Industry

Majority are comfortable with debt

Despite household debt in Canada remaining near record highs, two-thirds of Canadians are comfortable with the amount of debt they have, finds a CIBC poll.

By Staff |June 19, 2015

2 min read

Don’t let summer vacation break the bank Fallback Image Decorative pattern

Planning and Advice

Don’t let summer vacation break the bank

Driven by vacations, social outings and entertaining at home, Canadians plan to spend an average of $5,605 during the summer - making it the most expensive season for 45% of people.

By Staff |June 18, 2015

2 min read

Some early retirees would be broke within a year Fallback Image Decorative pattern

Planning and Advice

Some early retirees would be broke within a year

If forced to retire early, it would take just five years for 40% of middle-aged people to run out of money, finds a survey by Investors Group.

By Staff |June 18, 2015

2 min read