Canada's new top central banker is no Mark Carney. That became clear on Wednesday, when Stephen Poloz, lauded the Canadian consumer for carrying the country through the global economic crisis of recent years. His comments so far suggest he isn't too worried about Canada's burgeoning consumer debt burden -- and that's a problem.

TORONTO - A new Harris/Decima poll conducted for CIBC says half of the respondents had been able to reduce their debt level over the past 12 months.It...

In a country that prides itself on its social safety net, one could argue that the current personal debt story is really a story of an endangered future for the things we hold dear as a society. Will debt-ridden Canadians be supportive at election time of paying more in taxes to maintain universal health care?

Many seniors were busy racking up thousands of dollars in new debt in 2012, even as younger Canadians were able to keep new borrowing to a minimum, ac...

TORONTO - A new report says the level of Canadian consumer debt at the end of 2012 — not counting mortgages — was up nearly six per cent from a ye...

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

What is princess math? Your favourite department store is having a half price sale. The gift was originally $200 but you are saving $100. Princess math says -- I was going to spend $200 anyway so now I can buy that purse. The reality is, though, most women aren't flush with money. The problem is that deep down, we know our actions have consequences.

Canada’s provinces are in long-term fiscal trouble. That was the conclusion of a recent report from federal Parliamentary Budget Officer Kevin P...

TORONTO - There is more than a 20 per cent risk of Canada falling into a second recession — and though much of that risk comes from outside our bord...

As debate about the stability of the Canadian housing market continues to swirl, a new report has come down firmly on the side of the bubble believers...

TORONTO - Canadians who are worried about the amount of interest they pay for borrowing money could be relieved to hear the central bank decided Tuesd...

OTTAWA - Canadians are becoming increasingly vulnerable to a housing correction, exposing them to a perfect storm of high debt and falling assets, the...