Debt

Briefly: “Experts: Interest rates won’t change” and more news

Economists say that Bank of Canada governor Mark Carney isn't going to increase interest rates tomorrow.

By Staff |December 6, 2010

6 min read

Booming debt?

A recent series of surveys from TD Bank revealed some interesting differences between boomers and their debt across our country. Regardless of the liability landscape from coast to coast, the overarching conclusion of the national study was that 57% of boomers still had a mortgage. What I thought was more interesting was just how much […]

|November 16, 2010

4 min read

Mortgage debt soars 7.6%

Canadians owe a record $1.01 trillion through their mortgages, an increase of 7.6% over last year. But most appear comfortable with their debt load, according to the Canadian Association of Accredited Mortgage Professionals (CAAMP). The organization’s sixth Annual State of the Residential Mortgage Market report found that 84% believed they could handle an increase of […]

By Steven Lamb |November 8, 2010

1 min read

Sovereign Debt: Waiting to blow

As the global economy completes is latest weak lap around the track, worries abound on different sides of the stands—on one, concerns focus on deflation; while the other side frets about inflation. But the real worry may be that policymakers are treating a solvency problem like a liquidity problem. Liquidity means central banks are injecting […]

By Scot Blythe |October 27, 2010

4 min read