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Canadians In Debt To the Eyeballs

In its 12th annual assessment of the state of Canadian family finances, the Vanier Institute of the Family reports that average family debt has now hit $100,000. The debt is mostly attributed to the increase in housing costs. Many homes have seen 100-200% increases in...

Better Credit Card Rewards Increase Debt

Uh oh, Canadians beware. Lately Americans have overtaken their Northern neighbors when it comes to savings versus spending. Canadians have more per-capita consumer debt than their US counterparts. Canadians can’t help but overspend what they earn despite the...
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