Stated quite simply, the debt load of Canadian consumers is becoming alarming. Two new reports show that Canadians are living under so much debt that delinquency rates are expected to start increasing in the coming months and many Canadians are so burdened with debt they don’t know what to do about it.
Investment
Digital Currency studied by the Bank of Canada
CALGARY — The Bank of Canada is looking at the key questions around the design of a digital currency and the issues surrounding such an idea, a senior Bank of Canada official said Monday.
The RRSP Secret
When it’s “RRSP season” you may be considering investing in RRSP’s. The odds are that you’re likely going to be purchasing a mutual fund or GIC from your bank or financial advisor, but according to Greg Habstritt – Author of the RRSP secret, if you do, you could be making a big mistake.
Should You Consider Using a Robo-Advisor?
What is a robo-advisor? Robo-advisors give advisors and their clients the tools to manage investment portfolios online. The investments included in their portfolios can vary, but their general purpose is to provide efficient, low-cost portfolio management.