Sunday, September 19, 2021

Tag: debt

Canadians Now Owe $1.71 for Every Dollar They Have to Spend

Source: The Canadian Press, cbc.ca, December 12, 2020 Debt ratio rises to 171% Canadian households owed an average of $1.71 for every dollar of disposable income...

Government of Sask. Introduces New Measures to Advance Saskatchewan’s Climate Strategy

The Government of Saskatchewan continues to implement key commitments made in the province’s climate change strategy, Prairie Resilience, to help reduce greenhouse gas (GHG)...

Household Debt Ratio Drops to 158% of Disposable Income

Source: Erica Alini, globalnews.ca, September 12, 2020 The average Canadian now owes $1.58 per dollar of disposable income. Canada’s household debt ratio registered a significant decline...

Elk Ridge Golf Resort Enters Receivership

Source: Nicole Di Donato, saskatoon.ctvnews.ca, June 23, 2020 As of May 6, Elk Ridge’s outstanding loans to Conexus equaled $13,289,737.71, SASKATOON -- One of Saskatchewan’s...

What Happens When Canadians Max out Their CERB?

Source: Beatrice Britneff, globalnews.ca, June 10, 2020 Policy analysts and experts are examining what will happen next and making recommendations about what the federal government...

Canadian Households Face Huge COVID-19 Debt Crisis

Source: David Akin, globalnews.ca, June 08, 2020 Deferrals won’t last forever, and eventually, the bills will come again. The coronavirus pandemic that began as a public...

As Virus Costs Soar, UK Borrowing Costs at All-Time High

Source: John Paul Tasker, cbc.ca, May 21, 2020 Ultimately, economists say taxes will have to rise, or spending cut. Government borrowing surged to £62bn in April,...

Has COVID-19 Made This a Good Time to Buy a House?

Source: Erica Alini, globalnews.ca, May 19, 2020 The short answer is: it's complicated Many prospective homebuyers in Canada’s priciest markets are wondering whether the economic crisis...

Americans Are Saving Like It’s the ’80s

Source: Matt Egan, saskatoon.ctvnews.ca, May 13, 2020 Fear of job loss due to the COVID-19 pandemic, many are drastically scaling back their credit card debt,...

Debt and deficits: Where the parties stand on balancing the books...

Source: Andrew Russell, Global News, October 10, 2019  Canadian politicians love comparing balanced budgets to a household balancing its chequebook, but economists say the comparison is...
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