If someone owes money or taxes but declares bankruptcy, spouses can be targeted by creditors.
Many Canadians believe 2016 will be a good year for them financially.
Ontario clients trying to pay down debt are now protected from being charged exorbitant fees for debt-settlement help.
Many Canadians can improve their financial well being by the simple act of following a budget.
Hint: look for debt
Whether they’re established entrepreneurs or just starting out, it’s important that your business-owner clients regularly review their creditor protection strategies.
If elected, the NDP plans to phase out interest on federal student loans over the next seven years.
In the last year, mortgages made up 80% of Canadian household debt accumulation, says CIBC World Markets.
This year, commodity prices, economic growth and the Canadian dollar have gone south while housing prices have continued to rise, pulling the Bank of Canada in opposite policy directions, says Canadian Business.
Justin Trudeau has nailed down a major plank in the Liberal election platform -- promising to almost double current infrastructure spending to stimulate a staggering economy.