With Statistics Canada reporting that the 12% of households (1 in 8 households) with the highest debt-to-income ratio are carrying 40% of overall household debt now is the time to take my 60-Second Financial Check-up.
Continue readingHave kids, or thinking about having kids, and wondering how much it cost to raise a child from birth to 18 years of age? This article from Money Sense magazine has the answers you are looking for.
Continue readingThe Bank of Canada announced it is keeping the key overnight lending rate the same and expects Newfoundland, Alberta and Saskatchewan to feel the brunt of the drop in oil prices.
Continue readingMore people in Lab West may soon be wondering what options are available for dealing with their debt after the recent layoff announcement by the Iron Ore Company of Canada.
Continue readingIt is never a bad time to review your finances, this article from the Financial Post provides some helpful tips to get you started.
Continue readingMore Canadians than you might think are technically insolvent and, if you think about it, what happens if there is a real estate market correction? Check out the following Ipsos Reid survey article for more.
Continue readingMany in Lab West are struggling due to the downturn in the mining industry, read more in this article from The Telegram.
Continue readingI’ll be tracking the Target Canada CCAA application and providing updates in this space on how it affects employees in NL.
Continue readingSaving for a wedding instead of paying off debt may not seem like a sound approach, but the goal it provides may set the couple up for a sound financial future anyway.
Continue readingSometimes the temptation to spend more than you have can afford gets in the way of good budgeting. Read on as Al Antle provides solid advice on how to stick to your budget during the holidays.
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