Bank of Canada Governor Mark Carney warned on Thursday the bank could raise interest rates if the growth in household debt doesn’t slow. It was a...

The banks aren't going to innovative. It wasn't Blockbuster that disrupted the movie rental business. It wasn't the record companies that revolutionized the music industry's business model. If we're going to find a solution, we need more startups introducing compelling alternatives.

Consumer debt has become a major concern in Canada. The stress of dealing with unmanageable debt can be overwhelming for most consumers. Between creditor calls, collection threats and living paycheque to paycheque, "get out of debt fast" opportunities can be very appealing. But are they too good to be true?

TORONTO -- Canadians appear less concerned about retirement planning than in years past as they continue to focus on debt reduction as their main fina...

OTTAWA - Canadians are more in hock today than ever before, Statistics Canada said Thursday in releasing fresh data on household debt.The new report s...

Recent data revisions from Statistics Canada showed that Canadians are even more in debt than previously estimated. The average household debt in Cana...

Canadians, you’re more indebted than you think. Statistics Canada is busy re-evaluating economic data going back two decades as part of an effort...

TORONTO - A new poll suggests that most Canadians are quite comfortable with using debt as a financial strategy — at a time when debt loads have ris...

TORONTO - Canada's biggest banks have weathered the economic downturn better than their peers, but analysts expect that tightened consumer lending wil...

Canada’s fiscal policymakers are working to cool off the country’s overheated real estate market, tightening lending restrictions and warning buye...

TORONTO - Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks over concerns about unsustainably...

TORONTO - Consumer debt growth was about 30 per cent lower in the second quarter than a year earlier — the biggest slowdown since before the recessi...

OTTAWA - Canadian households have hit a dubious new record for debt.Fresh Statistics Canada data shows the ratio of debt to personal disposable income...

TORONTO - Canadians are continuing to heap on non-mortgage debt, despite warnings about the perils of cheap borrowing from top officials, according to...

More Canadians acknowledge they may be reaching the upper limits on borrowing, but they have yet to act on it, two new reports suggest.A survey releas...

With policymakers warning about rising household debt levels, a new survey shows that Canadians are both worried about what they owe, and in denial ab...

Some of Canada's top financial minds have warned that Canadians have been adding too much debt to the household balance sheets over the pa...

TORONTO - If experience is any indication, many Canadians could find themselves in debt years longer than they originally expected, according to a new...

As worries about another U.S. recession mount, Canada's economy is highly exposed to any downturn and is less equipped to fight a slump than it was th...