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House bubble boom presentation on chalkboard. Concept photo of Real estate market bubble , booming, money,price, rent, grid, home, house, housing, industry and subprime mortgage crisis. (Copy Space)

New research finds that housing and debt risks are on the rise

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The "deep slide" in the deficit reflects economic deterioration and pandemic response spending

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

The gap between expected and actual insolvencies may shrink

Businessman drowning in the sea and asks for help

Research finds many didn't know about or didn't want to bother signing up for debt relief

growth-chart-rise

Hot real estate markets in many regions helped propel house prices higher

Businessman check seriously analyzes a finance report investor colleagues discussing new plan financial graph data. bank managers task. Concept business and finance ,Account analyzes planing

Companies issued record quantities of debt in 2020, and issuance remains strong

Miniature House on A Financial Graph

Other forms of borrowing declined as mortgages swelled

Couple getting financial retirement advice from consultant at home

Older debtors saw the largest declines in income, report says

  • By: IE Staff
  • February 8, 2021 February 8, 2021
  • 12:34
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Overall, Canadian insolvency filings were at a 20-year low in 2020

stressed young couple worries about their finances

MNP's Consumer Debt Index recorded its lowest score since it started measuring in 2017