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senior client debt empty wallet

After plunging during the pandemic, signs of financial distress are resurfacing

Canadian parliament in Ottawa

Report from the parliamentary budget officer also finds that Canada's debt level is sustainable over the long term

Sightseeing Binoculars Overlooking Ocean From Up High

Experts weigh in on the economic environment

Mature Couple holding hands in restaurant

Nearly half of respondents are reining in spending on travelling, dining out and entertainment

canadian money house on white background

The spike in home prices makes recently originated reverse mortgages more risky in a downturn

View of a flooded bridge along the Red River. Photograph taken from clay dike

Only one in five banks surveyed consider climate risk when granting loans

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Clients who recently bought with variable rate mortgages could face significant monthly bill hikes

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Debt market activity declines, high yield craters, Refinitiv reports

canadian money house on white background

Both mortgage and non-mortgage debt rose in April

  • By: Staff
  • June 17, 2022 June 17, 2022
  • 12:33
pencil erasing credit card debt

How will rising rates affect your clients, particularly those with debt?

  • By: Staff
  • June 17, 2022 June 17, 2022
  • 10:05