11/3/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More

10/14/2022 | Posted in Canada Living by Sheru Asnani
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Many economists say a mild recession is on the cards as they look ahead to 2023.
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7/25/2022 | Posted in Real Estate Investments by Sheru Asnani
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Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s ... More

4/15/2020 | Posted in Canada Living by Sheru Asnani
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months.
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3/27/2020 | Posted in Financial Health by Sheru Asnani
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The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms.
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3/19/2020 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.
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1/9/2019 | Posted in Financial Health by Sheru Asnani
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It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.
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8/21/2018 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.
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6/27/2018 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.
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4/27/2018 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.
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3/15/2017 | Posted in Financial Health by Sheru Asnani
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The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More

11/16/2016 | Posted in Financial Health by Sheru Asnani
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Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion.
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8/25/2016 | Posted in Home Owners by Sheru Asnani
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Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More


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