Debt

Most rainy day funds don’t cover emergencies Fallback Image Decorative pattern

Economic Indicators

Most rainy day funds don’t cover emergencies

The third-annual BMO Rainy Day survey finds 68% of Canadians have had to use their emergency savings to pay for unexpected expenses.

By Staff |September 4, 2013

2 min read

Wealthy focus on savings after recession, says study Fallback Image Decorative pattern

Industry

Wealthy focus on savings after recession, says study

The top 1% are hoarding more cash.

By Staff |August 26, 2013

1 min read

Parents delay retirement, take on debt to help kids Fallback Image Decorative pattern

Industry

Parents delay retirement, take on debt to help kids

Almost two-thirds (60%) of parents with children under 25 have saved less for retirement than they’d planned, finds a CIBC poll. This is because they’ve directed some of their retirement savings towards their child’s education. As a result, 36% will actually delay retirement. And one-third has incurred additional debt. Read: Canadians continue to struggle with […]

By Staff |August 22, 2013

1 min read

4 ways to dial down student debt Fallback Image Decorative pattern

Industry

4 ways to dial down student debt

Acceptance into university, college or grad school is a major milestone, and your clients’ children should be able to do it without racking up debt.

By Staff |August 16, 2013

1 min read