Debt

Canadians crush their consumer debt Fallback Image Decorative pattern

Industry

Canadians crush their consumer debt

Growth of Canadian non-mortgage debt has dropped 30% over the last year, says Equifax Canada’s National Credit Trends report. The report states credit card balances are decreasing, while other credit products such as bank loans and lines of credit showed only moderate growth compared to 2011 levels. Total consumer non-mortgage indebtedness in Q2 2012 increased […]

By Staff |July 19, 2012

1 min read

Corporate bonds better than governments Fallback Image Decorative pattern

Economic Indicators

Corporate bonds better than governments

High-grade corporate bonds are better investments than government securities, argues John Braive, vice chairman of CIBC Asset Management.

By Melissa Shin |July 11, 2012

2 min read

Help clients through bankruptcy Fallback Image Decorative pattern

Planning and Advice

Help clients through bankruptcy

Consumer or personal insolvency can befall anyone. As an advisor, you’re best suited to spot troubling patterns in your clients’ financial behaviour. That’s the first step to steering them away from the brink.

By Grant Bazian |July 6, 2012

3 min read

Debt denial still runs deep Fallback Image Decorative pattern

Planning and Advice

Debt denial still runs deep

Sometimes I feel like we need a new word for debt—it seems advisors worry that if they discuss debt, they’ll attract clients with more of it.

|June 27, 2012

3 min read