Debt counsellors are not “not for profit” credit counselling agencies and are actually a form of financial consultant. This often gets misconstrued because credit counselling agencies promote debt help in Ontario; what is not known is the fact...
A Bankruptcy Trustee in Ontario plays an important role when it comes to debt restructuring. Bankruptcy Trustees across Canada are appointed by the Superintendent of Bankruptcy to oversee bankruptcy and consumer proposal filings in Ontario. It...
The Canada Revenue Agency has a very aggressive collection policy. Their mandate is to collect past due tax debts and they have what appears to be limitless authority to do so. This article will outline the top 4 tactics that the Canada...
We had a great time at The Financial Technology Tradeshow this past week. Thank you to everyone and it was a pleasure to connect with so many financial professionals. Here are our photos.
TORONTO SEPTEMBER 16, 2010 – DebtCare Canada, a Canadian financial consulting firm is announcing a new initiative, WeCare Canada, aimed to provide public education to help Canadians who struggle with debt. Through WeCare Canada, DebtCare...
DebtCare Canada is proud to announce that Karen Goldenberg has joined the DebtCare team as Director of Community Outreach. Karen is the former CEO of JVS Toronto and brings extensive experience to the DebtCare Canada team having worked with...
If your debt load is more than you have ever expected, you need not fret as you’re not alone. According to the Statistics Canada, the debt-to-income ratios of the Canadian households have reached record highs, ranging somewhere above 148%...
JANET McFARLAND From Saturday’s Globe and Mail Published Friday, Mar. 18, 2011 1:16PM EDT Last updated Friday, Mar. 18, 2011 5:21PM EDT Insolvencies dropped in Canada last year as consumers and businesses benefited from improving...
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...
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...
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...
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...