In Q4, there was $1.70 in credit market debt for every dollar of household disposable income
But act fast if clients suit this strategy
Where the opportunities and exposure lie
Effects on spousal and employee loans
Generous gestures could affect your client's estate
Interest income accounts for more than 40% of the banking industry’s revenues, which means banks were forced to look for alternative income streams in recent years. Key streams include banking fees, as well as insurance and investment management services, reveals an outlook report on the banking industry by the Conference Board of Canada. Read: Investor […]
Many Canadians say they don’t have the funds to make RRSP or TFSA contributions. However, most Canadians have the funds for something else important to their financial well-being: paying more than the minimum amount on credit card balances. And, while that kind of commitment helps pay off debt faster, it may also boost a client’s […]
The smallest businesses have the hardest time accessing bank financing.
Many clients know all about the benefits and perils of borrowing money, but it’s likely they’re less prepared to be lenders.
Most seniors want to remain in their family homes as they age, but must often renovate and retrofit their places to make them senior-friendly.