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17 December 2010

Bank of Canada Governor’s View Going Forward

Mark Carney, the Bank of Canada Governor Gives Canadians Fair Warning on Personal Debt Levels

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30 November 2010
Repay Your Debts First, Save Later

Individuals in their 20’s and 30’s should concentrate more on paying down high-interest debt and funding a savings account, and less on large contributions to RRSPs.

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24 November 2010
What Experts Have to Say About Canada’s Household Debt

Mounting Canadian household debt is a cause for alarm. With interest rate hikes anticipated in the near future, Canadians will do well to increase secured and unsecured debt repayments in the present low-rate environment.

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3 November 2010
Tips on Dealing with Rising Interest Rates

Go for debt consolidation or follow the snowball strategy to manage your debt when rates go up.

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29 October 2010
Canadians Spend More Than They Earn

Canadians are buried under a mound of debt because their amount of spending exceeds the amount that they earn.

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