OECD Warns on Rising Debt Risk as Canadians Most in the Red Further evidence that financial stress is now a mainstream issue. As reported in our white paper series, increased debt loads are putting Canadians in financially precarious situations. The OECD warned that...
The average mortgage debt in the country rose 11 per cent during the past year to more than $200,000 even as 52 per cent of Canadians say they lack the financial flexibility to quickly adjust to a change in costs, according to a new survey. Manulife Bank’s annual...
