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By MoneySense Staff on February 23, 2012

February 23 roundup

By MoneySense Staff on February 23, 2012

On the BoC sounding the debt alarm bells, declining RRSP contributions and Timmies dividend hikes.

This article is 13 years old. Some details may be outdated.

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• The Bank of Canada is sounding the debt alarm bells yet again. The central bank is warning that climbing debt-to-income ratios coupled with soaring home prices means Canadians, and the economy as a whole, could be vulnerable to a correction in the housing market. • RRSPs are losing steam, according to RBC. The share of personal disposable income set aside for contributions is on track to shrink to a level not seen since the 1970s, the bank says. • Tim Horton’s announced a 23.5% dividend hike Thursday. The increase comes despite declining profits.

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