Canadians continued to rack up debt in the second quarter of the year as they took advantage of low interest rates, Statistics Canada said Tuesday. The ratio of credit market debt to personal disposable income crept to 148.7 per cent... (Continue reading)
Courtesy of Balance Junkie There’s little debate that the financial problems we face, both collectively in terms of the economy, and individually in terms of our personal finances, are rooted in debt. We have major balance sheet issues at the... (Continue reading)
With all the negative attention the stock market has received over the past 24 months its easy for investors to get itchy waiting for turbulence and fear to take hold once again. For the majority of 2010 all I’ve done... (Continue reading)
I’ve often heard in business that once is a coincidence, but twice is a trend. Canadian banks have performed quite well both during and after the credit crisis of 2008/2009 and despite a low interest rate environment have had robust... (Continue reading)