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by Jeremy
According to a new report released today by the OECD, Canada is leading the world when it comes to household debt. The group calculated household debt levels compared to the size of the overall economy in 28 OECD nations, and found that the household debt-to-GDP ratio in Canada was higher than in any other country studied, at 101 per cent. [CBC] This stresses the need for Canadians to get a handle on their debt and learn how to better manage it. If you are having trouble paying your bills and debts, here’s some sound advice: Be honest, be proactive! If you know a payment will be late, call your…
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Posted by Jeremy
Today, Equifax announced that delinquency rates in Alberta have climbed, mainly due to the economic impact of the…
Posted by Jeremy
Looking towards 2016, paying down debt is the top priority for Canadians in the new year, according to…
Posted by Jeremy
Stories about Canadians’ household debt are making headlines this week, and whether or not the hype is true,…
Posted by Jeremy
In a recent Manulife Bank of Canada survey, almost half of Canadians have a misunderstanding about what debt…
