In Vancouver, the average debt-to-income ratio stands at approximately 35%, according to recent data from Statistics Canada. This ratio is a crucial...

Understanding loan interest rates in Canada is crucial for anyone looking to borrow money. Whether you need a personal loan, a mortgage...

In Vancouver, the average credit score currently stands at 720, according to a recent report from Equifax Canada. This statistic underscores the...

As of 2025, approximately 70% of households in Vancouver are estimated to carry some form of debt, reflecting a significant trend in...

In recent years, Toronto has seen a notable rise in insolvency filings, with approximately 20,000 individuals and businesses entering bankruptcy in 2023...

In the realm of personal finance, understanding the types of loans available to you is crucial. One of the essential distinctions in...

As of 2023, approximately 58% of households in Toronto are reported to carry some form of consumer debt, highlighting a concerning trend...

In 2025, the bankruptcy rates in Toronto are projected to reach approximately5.2% of the city’s population, affecting a significant number of individuals...

Toronto is facing a significant challenge when it comes to credit card debt, with approximately 23% of residents currently struggling with outstanding...