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Why High Canadian Household Debt Is "Manageable"

Tuesday Jun 28th, 2016

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WHY HIGH CANADIAN HOUSEHOLD DEBT IS MANAGEABLE Canadian household debt has swollen to record highs during a period of low mortgage rates, but an economist with Canada's sixth-largest bank says the debt level is "manageable". "Analysts often raise alarm bells by pointing to measures such as debt-to-disposable income. But as we often caution, comparing a stock variable such as debt to a flow variable such as income has its limitations," writes Krishen... [read more]

Change in housing market prompts new warnings: SELLER BEWARE

Friday Aug 25th, 2017

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CHANGE IN HOUSING MARKET PROMPTS NEW WARNINGS: SELLER BEWARE Tess Kalinowski, The Star Image courtesty of: Matt Smith Jasmin Sheba had already sold her furniture in anticipation of moving this week when she learned the buyer of her house wanted $20,000 off the selling price to close the deal. He threatened to sue for the $10,000 deposit if he didn't get the reduction, she said. But the stay-at-home mother was defiant.  "I have a 2-year-old and, after all the house... [read more]

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