A study finds insolvent debtors have fewer funds available to meet their obligations
Neither income nor age were key characteristics affecting financial stress
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
As debt grows, more women are filing for insolvency
Proposals increased at a growth rate of 14% in June year over year, marking the ninth consecutive month of double-digit expansion
The majority of millennial respondents would choose a human advisor over a robo
Edward Jones said Canadians should be paying as much attention to reducing or eliminating debt
Seasonally adjusted household credit market debt reached 178.5%
Canadians spent 14.5% of their disposable income on debt repayment in Q4 2018