Consumer – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 19 Sep 2023 17:45:57 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Consumer – Advisor's Edge https://phoenix.advisor.ca 32 32 Growth in household debt rises in July https://phoenix.advisor.ca/news/economic/growth-in-household-debt-rises-in-july/ Tue, 19 Sep 2023 17:45:57 +0000 https://www.advisor.ca/?p=230904 Credit card debt outpaced other forms of non-mortgage borrowing

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OBSI adds two consumer-interest directors to board https://phoenix.advisor.ca/news/industry-news/obsi-adds-two-consumer-interest-directors-to-board/ Mon, 26 Jun 2023 19:58:28 +0000 https://www.advisor.ca/?p=227618 Governance changes follow consultation and independent review

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Consumer confidence declines again in May, particularly for older Americans https://phoenix.advisor.ca/news/economic/consumer-confidence-declines-again-in-may-particularly-for-older-americans/ Tue, 30 May 2023 19:52:11 +0000 https://www.advisor.ca/?p=226107 It's the fourth time in five months that overall U.S. consumer confidence has declined

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Insolvencies in March up 28.3% year over year, report says https://phoenix.advisor.ca/news/economic/insolvencies-in-march-up-28-3-year-over-year-report-says/ Thu, 11 May 2023 19:08:37 +0000 https://www.advisor.ca/?p=225438 The increase came as Canadians faced higher interest rates

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FCAC seeks single body for bank complaints https://phoenix.advisor.ca/news/industry-news/fcac-seeks-single-body-for-bank-complaints/ Thu, 11 May 2023 18:57:17 +0000 https://www.advisor.ca/?p=225436 Applications due June 26 for the job of enhancing complaint handling

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U.S. consumer confidence falls for 3rd time in 4 months https://phoenix.advisor.ca/news/economic/u-s-consumer-confidence-falls-for-3rd-time-in-4-months/ Tue, 25 Apr 2023 17:53:27 +0000 https://www.advisor.ca/?p=224694 Consumer spending has remained strong despite the Federal Reserve raising interest rates nine straight times

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Small biz confidence for year ahead edges up in March https://phoenix.advisor.ca/news/economic/small-biz-confidence-for-year-ahead-edges-up-in-march/ Thu, 30 Mar 2023 19:46:16 +0000 https://www.advisor.ca/?p=223730 Expectations for business performance remain well below pre-pandemic levels

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Budget 2023 to detail crackdown on “junk fees” for consumers https://phoenix.advisor.ca/news/economic/budget-2023-to-detail-crackdown-on-junk-fees-for-consumers/ Thu, 23 Mar 2023 15:32:53 +0000 https://www.advisor.ca/?p=223293 Liberals plan to work with regulatory agencies, including the Financial Consumer Agency of Canada, a federal source says

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Firms’ work on new consumer duty falling short: FCA https://phoenix.advisor.ca/news/industry-news/firms-work-on-new-consumer-duty-falling-short-fca/ Wed, 25 Jan 2023 20:02:33 +0000 https://www.advisor.ca/?p=221151 British regulator calls out industry ahead of July 31 deadline for new standards

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Bank of Canada’s business and consumer surveys show signs of a weakening economy https://phoenix.advisor.ca/news/economic/more-businesses-expect-sales-to-slip-as-high-inflation-rates-weigh-on-spending-boc/ Mon, 16 Jan 2023 17:09:53 +0000 https://www.advisor.ca/?p=220772 Businesses and consumers expect inflation to remain elevated in the short term and ease within five years

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