Report warns of domestic risk
From credit card debt to a mortgage, retirees struggle with expenses
The strong performance of Canadian credit card trusts should continue
Low interest rates have encouraged households to take on debt
Younger adults are especially blue about finances this time of year
Survey finds Canadians fret about possible rate hikes, rising costs and the inability to save
The high level of Canadian household debt has been cited by the Bank of Canada for years as one of its top concerns
Household credit market debt as a proportion of household disposable income increased to 171.1%, up from 170.1% in Q2
Although housing is driving growth in the median net worth of Canadian families, it’s also driving a significant rise in household debt levels
Better saving habits are critical to ensuring that many Canadians can retire and withstand personal emergencies
aHR0cHM6Ly93d3cuaW52ZXN0bWVudGV4ZWN1dGl2ZS5jb20vdGFnL2NvbnN1bWVyLWJvcnJvd2luZy1hbmQtc2F2aW5nL3BhZ2UvMTUv(U2NyZWVuSGVpZ2h0)NzIw(U2NyZWVuV2lkdGg)MTI4MA(T0ZTWVNfUmVmZXJyZXI)(dmlzaXRvcktleQ)OUtCdDdiMjU(dmlzaXRLZXk)Ym5vR09PaXk){kind=small}