Featured
4 September 2013
Mortgage Debt Climbing Faster than Credit Cards; but is that a Bad Thing?
A recent report from Equifax showed that our household debt is increasing even though our delinquencies are on the decline. And when it comes to that debt, the report also stated that as Canadians, our mortgage debt is climbing at much faster speeds than that of our credit card debt. Now the question is, is…
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19 January 2011
Financial Watchdog Wants Banks to Conduct Stricter Risk Assessment
Canadian financial watchdog OSFI is keeping a keen watch over banks as consumer debt has reached record levels and is asking them to conduct a more stringent assessment of the risks that the debt could have on their balance sheets.
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