Keyword: Consumer borrowing and saving

357 results found

Certain fees were not disclosed to borrowers for almost 20 years, regulator alleged

inequality between leader and workers

After a pandemic pause, inequality is growing as poor hit harder by downturn

Businessman standing in front of the panel with financial statistics

Air is coming out of asset values inflated by pandemic supports

The size of contributions rose in 2020, alongside the number of savers

Canada's poorest households saw increases in their income, net worth

inequality between people

All households saw income rise in 2020, with lower-income groups gaining most

A study finds insolvent debtors have fewer funds available to meet their obligations

Neither income nor age were key characteristics affecting financial stress

  • By: IE Staff
  • January 20, 2020 January 16, 2020
  • 09:00

More than two-thirds of Canadians held back from borrowing money last year

Total debt per consumer surged to $71,979 in the second quarter