February 23 roundup - MoneySense

February 23 roundup

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


• 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.