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Debt

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Canadians collectively owe $1.8 trillion in household debt

A 6% increase from one year ago

Debt

a large plastic trashbin overflowing with garbage and discarded Christmas paper lights bows etc

5 ways to cure your Christmas debt hangover

The average adult spent an estimated $1,700 this season

Retired Money

rrsp withdrawals

The wrong way to pay off debt

RRSP withdrawals will mean being hit by a big tax bill

Videos

payday loans

Alternatives to high-cost payday loans

Financial products you should avoid, plus where to find emergency funds

Debt

Canadian non-mortgage debt rises 3.3%: Equifax

Rose to the equivalent of $22,595 per person

News

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Your debt could be holding Canada’s economy back

A federal document says the rising amount that households owe could be a drag on economic growth

Real Estate

The problem with low mortgage delinquency rates

Low delinquency rates are not an indicator of financial health. Quite the opposite

Debt

Turning investment income into mortgage payments

For conservative investors, paying down debt provides a great return

Debt

Household debt to keep rising, says federal watchdog

Mortgages has represented 63% of all debt

Debt

5 things your debt collector isn’t telling you

by Prajakta Dhopade