Debt

Industry

Debt repayment tops 2013 resolution lists

Canadians have again named paying down debt as their top resolution in 2013.

By Staff |January 2, 2013

2 min read

Industry

How to make up for big fat holiday splurge

While some people try to shed a few pounds gained over the holidays, Canadians should also start the new year making sound financial resolutions. According to the 2012 BMO Holiday Spending Outlook, 12% of Canadians plan to borrow during this period and indicate this is the only time of the year where they spend beyond […]

By Staff |December 27, 2012

2 min read

Industry

Institutional investors turn to emerging market debt

Institutional investors have been looking for yield in all the wrong places.

By Brooke Smith |December 14, 2012

3 min read

Economic Indicators

S&P downgrades UK outlook

The Financial Times reports that S&P has downgraded the outlook on the UK's triple A rating to "negative," stemming from concerns over a weak recovery and less-than-stellar improvements to public finances.

By Staff |December 13, 2012

1 min read

Canadians will be more frugal in 2013

Saving more, spending less, and trimming debt will continue to remain the main focus for Canadian consumers in 2013, according to the RBC Canadian Consumer Outlook. The study finds one in three Canadians (31%) are planning to focus on reducing their debt, 26% on spending less, 25% on saving or investing more, and another 20% […]

By Staff |November 27, 2012

3 min read

Consumer debt increases 53%

Over the past five years, Canadian consumer debt has risen 53%, finds the Credit Counselling Society. Read: Cdns in more debt than expected: StasCan The majority of this increase happened in the two years after the economic crisis. Since then, the numbers have continued to climb, and show no signs of improvement. “On average, clients […]

By Staff |November 6, 2012

1 min read

Cdns want to be mortgage-free faster

Contrary to what the current debt-to-income ratio suggests, Canadians have the right mindset when it comes to dealing with their mortgage debt. Eager to leave their mortgages behind, almost three-quarters (72%) of Canadians are taking at least one step to becoming mortgage-free quicker, finds a recent Scotiabank poll. Read: Canadians rely on property to fund […]

By Staff |November 5, 2012

1 min read

Debt

Debt repayment tops 2013 resolution lists

How to make up for big fat holiday splurge

Institutional investors turn to emerging market debt

S&P downgrades UK outlook

“Cliff” deal unlikely before Christmas

U.S. entitlements and CEO confidence top concerns: BMO expert

Canadians expect year-end bonus

Canadians will be more frugal in 2013

Consumer debt increases 53%

Cdns want to be mortgage-free faster