And poorer credit quality highlights economic vulnerability
The C.D. Howe Institute says financial vulnerability remains low, despite the buildup in household debt
Scotiabank reports that the insolvency trend “remains on an overall declining trajectory” since the global financial crisis
A new survey finds 33% of Canadians would dump their significant other over finances
A study finds that rising incomes haven’t kept pace with growing expenses for insolvent debtors
Canadian consumers vulnerable to a downturn in the market, says DBRS
Mortgage growth was down but remained above average
The rating agency reports that the quantity of debt maturing in the next two years is down
CIBC reports that paying down debt is at the top of Canadians’ to-do lists for the 10th straight year
2019 saw the debt market surge, while equity issuance slumped