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The strong performance of Canadian credit card trusts should continue

Miniature of business men observing maze risk concept

Low interest rates have encouraged households to take on debt

Middle-income Canadians face sizeable debt burden: StatsCan

Younger adults are especially blue about finances this time of year

  • By: Leah Golob
  • January 15, 2018 January 21, 2018
  • 15:25
Canadians face obstacles to investing

Survey finds Canadians fret about possible rate hikes, rising costs and the inability to save

  • By: Leah Golob
  • January 15, 2018 January 21, 2018
  • 11:25

The high level of Canadian household debt has been cited by the Bank of Canada for years as one of its top concerns

Household credit market debt as a proportion of household disposable income increased to 171.1%, up from 170.1% in Q2

  • By: Craig Wong
  • December 14, 2017 December 14, 2017
  • 17:05
Top taxfilers see incomes rise

Although housing is driving growth in the median net worth of Canadian families, it’s also driving a significant rise in household debt levels

CI to introduce automatic preferred-pricing programs

Better saving habits are critical to ensuring that many Canadians can retire and withstand personal emergencies

  • By: Leah Golob
  • November 21, 2017 November 21, 2017
  • 14:00

A desire to help children and grandchildren - combined with the availability of credit - is encouraging many elderly clients to carry debt into retirement

Canadian debt levels are the highest they’ve ever been and high housing prices have been a driving factor