Canadians are taking on too much debt; the consequences of this is serious for not only their own personal finances but for the Canadian economy as well. Economists and a leading global think-tank comes with the warning with fresh evidence in hand that low interest rates the past 2 years have caused households to borrow

The verdict is in; Canadians are spending too much too fast, living form paycheque to paycheque. The verdict on how poorly we manage our personal finances come from a set of recent studies, all of which examine how much Canadians spend and how little we all actually save. One report showed that 60% of Canadians

Canadian of all ages find the necessity of saving for an emergency is most keenly felt by the younger generation, which are between ages 18-34 and they are just as likely to have a plan in place to achieve their savings goals as those in older age brackets according to a recent Scotiabank study conducted

ING Direct is the bank that introduced high interest rate savings accounts to Canadians and is now offering Canadians a no-fee, interest-paying chequing account. Today marks the launch of ING Direct THRIVE Chequing account, an online, no-fee daily chequing account. With the THRIVE Chqeuing account, customers will now be able to deposit, withdraw or transfer

An age old financial question countless people have asked themselves is what any excess cash should be used on. One option is to contribute to your RRSP, while the other option involves paying down your debt. Canadians are learning that saving more, and investing more are more beneficial than one may think. It goes without

Princeton University economist Paul Krugman noted that more stringent banking regulations, and well a more humane society is what helped Canada make it through the economic downturn far better than most countries, however a full recovery is not a sure thing. Krugman told lawyers at the Canadian Bar Association’s annual meeting that it was amazing

An age old financial question countless people have asked themselves is what any excess cash should be used on. One option is to contribute to your RRSP, while the other option involves paying down your debt. Canadians are learning that saving more, and investing more are more beneficial than one may think. In my opinion,