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Piggy bank lifted up into sky by inflated balloon

You and your clients may need to get creative in brainstorming strategies for borrowing

Eggs on nest

Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees

four people straining to pull against a single hand

Incomes grew faster than debt in the first quarter

debt

A holistic approach to clients’ finances can help them prepare for interest-rate hikes and get out of debt faster

Banks

The search for yield is driving the surge in non-bank lending

Chalk drawing of house

Assessing the vulnerabilities from high household debt has become more complex over the past two years

illustration of magnifying glass and tax forms

Creditor account protection across Canada is a jurisdictional maze

Close-up of payment machine buttons with human hand holding plastic card near by

For some households, rising interest rates and inflation may require a budget overhaul

  • By: Staff
  • June 2, 2022 June 2, 2022
  • 12:43
pencil erasing credit card debt

Credit card debt rises for second straight month, outpacing mortgage growth

Performance Metrics

Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist