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The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms. ... More

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020. ... More

The cost of living was higher across many products and services in September. ... More

The average Canadian household was worth less in 2018 than in the previous year. ... More

Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

Sign of deteriorating financial stability for many people in the country. ... More

A recent report reveals desperate measures of indebted consumers in Ontario. ... More

An increasing number of Canadians say they are concerned about their debts and are edging towards insolvency. ... More

It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

The TFSA contribution limit for 2019 is $6,000, up from $5,500 in 2018. ... More

Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances. ... More

Members of Generation X (aged 37 to 52) are finding it hard to save, and the tighter timeline is causing them stress, a Franklin Templeton report finds. ... More

If the Bank of Canada decides to increase interest rates this week it will pile further pressure on millions of already-struggling households, while some lenders are already ... More

The amount Canadians owe relative to their income hit a new high in the third quarter of 2017, household credit market debt as a proportion of household disposable income ... More

Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada. ... More

According to the results of a new poll conducted by a leading insolvency firm, fully one-third of Canadians indicated that they are already feeling the pinch of increasing ... More

The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise. ... More

Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication. ... More

In its latest data release, Statistics Canada announced that the amount Canadians owed compared with their disposable income climbed higher in the second quarter. ... More

Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate. ... More

Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans. ... More

With home prices rising across the country, many would assume that housing costs (including rent and mortgage payments) are the most expensive budget item for the average Canadian ... More

Unprecedented household debt levels will give Canadians a rude awakening on their unpaid credit card bills if another economic downturn materializes in the coming years, according ... More

The high levels of Canadian household debt should not be viewed in isolation a new report from the Fraser Institute says. ... More

Canadian household debt is rising and is set to keep rising despite expected increases in interest rates; and that worries the Parliamentary Budget Officer. ... More

Mortgage delinquency rates were low in Toronto and Vancouver during the fourth quarter of 2016, despite hot housing markets that have sent prices soaring, according to a new ... More

Millenials are confident in their financial future and in the housing market, according to a new study. ... More

Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year. ... More