Macquarie thinks housing will drag Canada into a recession…

Maquarie thinks housing will drag Canada into a recession … This recession call is coming from inside the house. The Bank of Canada has highlighted elevated household debt and imbalances within the nation’s real estate market as the two chief vulnerabilities to the financial system in the event of a recession. But what could trigger […]

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Student Life: Save More, Have Less Debt

Because it is excruciatingly and increasingly hard to make ends meet while in college and university, student debt is on the rise in Canada. Across the Canadian provinces in 2015 for instance, the share of insolvent debtors under 30 hovered around 10 per cent in 2015, according to data from Statistics Canada. Of those statistics, student […]

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Cracks ‘Starting to Show’ in Canadian Credit Quality, RBC Says

Cracks ‘Starting to Show’ in Canadian Credit Quality, RBC Says image source: https://www.leopardloans.com/ccc-debt-management/ […]

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What is Rich in Canada?

As children, being rich meant having ice-cream on a weekday and a new bicycle every summer. As teenagers, it was a new car for your 16th birthday and a trip to Disneyland. Now as adults we know it takes a lot more to be rich in Canada, but how much more? There are two aspects […]

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