Households in British Columbia have reported high levels of anxiety over their debts with almost two thirds saying the worry “is constant”
The average Canadian homeowner owes $190,000 on their mortgage according to a new poll released today by Manulife Bank of Canada.
A new poll conducted for BMO reveals how much Canadians expect to pay in mortgage interest over the life of their home loan.
The weekly barometer of consumer confidence in the Canadian economy has shown a slight increase for the period to June 12 but overall the data shows a negative view.
The wealth management arm of mortgage lender BMO has published its first Canadian Wealth Index.
The cost of housing is the top issue for 22 per cent and the second most important issue for a further 28 per cent of Canadian families according to a poll by Nanos Research.
The gap between income and household debt was slightly lower in the first quarter of this year.
The Bank of Canada published its latest semi-annual review of the country’s financial system Thursday which concluded that risk is slightly higher than it was in December although the system is generally stable.
There has been an uptick in the number of Canadians becoming insolvent according to a report from CIBC.
A marketing campaign from TD Bank last year has re-emerged as a trending video on YouTube.
The Bank of Canada will release its twice-yearly review of the country’s financial system Thursday.