Get smart: Ottawa plans crash courses on financial literacy
TARA PERKINS — FINANCIAL SERVICES REPORTER From Wednesday’s Globe and Mail Published Tuesday, Feb. 08, 2011 11:00PM EST Last updated Wednesday, Feb. 09, 2011 5:56PM EST As consumer debt levels soar and baby boomers approach retirement, the federal government is looking at adopting a long list of measures designed to prod Canadians into making smarter […]
Students need an education in debt repayment
DIANNE NICE Globe and Mail Update Published Wednesday, Feb. 16, 2011 12:00AM EST Last updated Thursday, Feb. 17, 2011 11:20AM EST When a bus driver stopped to offer Signa Daum Shanks a free ride on a recent -27 C morning in Saskatoon she couldn’t have been more grateful. With thousands of dollars in student loans […]
Credit card debt dropped during holiday season
TORONTO— The Canadian Press Published Wednesday, Feb. 16, 2011 6:29AM EST Last updated Wednesday, Feb. 16, 2011 6:38AM EST There was a surprising drop in the amount borrowed on credit cards by Canadians during the holiday-laden fourth quarter, but overall non-mortgage debt went up substantially across the country, a credit analysis firm reported Wednesday. TransUnion […]
Household debt surpasses six-figure mark
DIANNE NICE Globe and Mail Update Published Thursday, Feb. 17, 2011 10:31AM EST Last updated Thursday, Feb. 17, 2011 1:19PM EST Canadian average household debt has hit the six-figure mark for the first time, according to a report released Thursday by the Vanier Institute of the Family. The average household debt figure at the end […]