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Personal Finance

Why Canada’s Consumers Are Going Broke During ‘Good’ Times

Ordinarily, these types of insolvencies happen during an economic crisis, not during boom times.
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Canadians 'Shifting To Hopelessness' As 1 In 3 Can't Cover Bills

Nearly half are on the verge of insolvency, a survey has found.
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Uh Oh: Canadian Household Borrowing Jumps By 31%, StatCan Says

Low interest rates have trumped policymakers' attempts at cooling off borrowing.
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Nearly Half Of Canadians Expect To Be Working Full-Time At Age 66: Survey

And three out of four don't have a financial plan, polling suggests.
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7 Ways Canadians Are Totally Different, Financially, From Americans

If there were such a thing as money-coloured glasses, someone wearing a pair would swear that Americans and Canadians aren’t even the same species.
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Canadians Plan To Cut Back On Holiday Shopping, And It's Due To Debt

Make a plan and stick with it to avoid overspending on gifts this year.
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3 In 10 Canadians ― Including High Earners ― Can’t Cover Expenses

The LGBTQ community and Canadians with disabilities are among the most financially vulnerable, data shows.
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▶️ Need A New Credit Card? These Are The Best Options, RateHub Says

There's a card for everyone: from students to frequent travellers.
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U.S. Bank Erases All Debt For Credit Card Customers In Canada

"It’s definitely an odd situation" unlikely to reoccur, a financial expert says.
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How To Make Money Helping Canada Fix Its Innovation Problem

Canada isn’t known for its innovation. Maybe it would be, if more of us invested in it.
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