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Debt in a time of rising rates

In June, the Bank of Canada raised rates for the third time this year, putting the benchmark interest rate at 1.5%. How will rising rates affect your clients, particularly those with debt? What does the current environment mean for their retirement plans? We examine several issues and explain how to have the necessary but difficult discussions.

June 17, 2022

As rates rise, household borrowing grows too

Both mortgage and non-mortgage debt rose in April

  • June 17, 2022 June 17, 2022
  • 12:31

Securing credit in a rising-rate environment

You and your clients may need to get creative in brainstorming strategies for borrowing

  • June 17, 2022 June 15, 2022
  • 10:00

Planning for retirement amid persistent inflation

Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees

  • June 15, 2022 June 9, 2022
  • 15:00

How to talk to clients about debt

A holistic approach to clients’ finances can help them prepare for interest-rate hikes and get out of debt faster

  • June 10, 2022 June 8, 2022
  • 13:00

Is my client’s RRSP protected if they go bankrupt?

Creditor account protection across Canada is a jurisdictional maze

  • June 8, 2022 June 8, 2022
  • 14:00