Debt

Canadians taking on less debt

Canadians aren’t applying for new credit. In fact, the majority of credit growth last year came from existing loans and lines of credit, says Equifax Canada. “Consumer appetite for new credit in December 2012 remains much lower than it was is the pre-recession period, reflecting an 11% decline from December 2007, says Nadim Abdo, vice […]

By Staff |January 24, 2013

1 min read

Economic Indicators

Entitlement reform key to recovery: TD economist

How advanced economies deal with government debt will shape the economic and investment landscape for the next 10 years, Craig Alexander, senior vice president and chief economist, TD Bank Group, said at a Strategy Institute Summit in Toronto.

By Dean DiSpalatro |January 22, 2013

4 min read

Economic Indicators

Can Canada balance its budget?

The country’s revenue outlook has deteriorated.

By Wire services |January 21, 2013

1 min read

Economic Indicators

U.S. under scrutiny in 2013

All eyes will turn to the U.S. as it struggles to get its fiscal house in order.

By Dean DiSpalatro |January 18, 2013

2 min read

Canadians seek online tools and calculators: IEF

Paying down personal debt and saving for emergencies and retirement continue to be the top financial resolutions of Canadians for 2013 and, according to Investor Education Fund’s (IEF) annual financial resolutions poll, they’ll be doing it this year with tech tools and calculators. IEF’s GetSmarterAboutMoney.ca, Canada’s largest financial literacy and education website, has released its […]

By Staff |January 16, 2013

1 min read

Canadians aren’t tracking spending

Canadians are taking a carefree approach to spending. Only 29% keep track of fixed expenses, such as mortgage, rent or car payments, while 32% don’t track expenses at all, finds poll by Edward Jones. And with the Canadian household debt-to-income ratio reaching new highs, it’s even more important to watch where your spending. According to […]

By Staff |January 15, 2013

1 min read

High-yield assets dwindle as bonds boom

With bond sales figures for 2012 hitting $1.4 trillion, the bar has been set rather high for 2013. And while the recent deals about the U.S. fiscal cliff and the Euro have infused some vigour in the market, investors are concerned this may mask the issue of inadequate supply of high-yielding assets, says a report […]

January 8, 2013

1 min read

Roubini expects U.S. tax debate to get messy

Criticism of the fiscal cliff bill just got fiercer with noted U.S. economist and commentator Nouriel Roubini deciding to weigh in on the deal. In an opinion piece for the Financial Times, Roubini, widely known by the sobriquet Dr Doom, declares the U.S. has been let down by its political leadership. “A deal that extends […]

By Staff |January 3, 2013

1 min read

Debt

Canadians taking on less debt

Entitlement reform key to recovery: TD economist

Can Canada balance its budget?

U.S. under scrutiny in 2013

Canadians seek online tools and calculators: IEF

Canadians aren’t tracking spending

High-yield assets dwindle as bonds boom

Short-term goals increase planning success

Let Bieber be your financial strategist

Roubini expects U.S. tax debate to get messy