Sentences with phrase «about debt levels»

Unfortunately, her situation changed following the death of her spouse and in order to make sure she had enough to live on she needed to do something about her debt levels.

RBC released its Canadian Consumer Outlook Index today which reported that despite continuing reports stating the economy is recovering quickly, Canadians are worried about their debt levels and are anxious about their jobs.

Mounting fears about debt levels appear to lie behind the decline.

The bubbling interest comes as regulators grow increasingly worried about debt levels and the capacity of ordinary households to pay back big loans on expensive houses.

So a lot of people today are using the ultra-low interest rates as an excuse to not worry about their debt level.

Not exact matches

That's a drag on growth, but a welcome one if it means households have begun doing something about record levels of debt.

Pretty much from his first statements as governor in 2013 — that's about $ 100,000 ago in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and debt levels pose a risk to the economy, and assuring Canadians that the likelihood of a crash is actually pretty low.

Forget about household spending: with debt at record levels, consumer spending on new goods and services will be restrained.

Schembri conceded that ultra-low borrowing costs have pushed household debt to record levels, but expressed no worry about a U.S. - style housing crash.

Critics routinely point out that overall levels of debt are still rising, and that the talked - about «deleveraging» should more accurately be described as a slowdown in credit growth.

But against the backdrop of slow average wage gains and record levels of household debt, she says, «it looks like the average Canadian is about to get into a pretty serious squeeze play.»

However, the lender also cautioned clients about the possibility of a sudden drop in the value of cryptocurrencies which «could expose them to substantially higher debt levels than they are able to repay.»

On the current economic climate and the government's plans to increase the deficit, Munger said, «Of course I'm concerned about the rising level of government debt.

There has been a public debate about whether Canadians will have sufficient income in retirement given that generally people live longer, that there are more people of retirement age and that savings rates are low debt levels high.

Elevated debt levels from the acquisition, after accounting for the recent C$ 345 million equity issue, contribute to estimated pro forma leverage of about 3.5 x, which is high for the rating.

The central bank has concerns about the ability of households to keep paying down their high levels of debt when interest rates continue their rise, as is widely expected over the coming months.

Poloz also refused to be drawn on Home Capital, saying he wouldn't talk about an individual company, although he did reiterate that record levels of mortgage debt represent one of the Canadian economy's biggest vulnerabilities.

It felt free to issue such an advisory, the central bank said, in part because it was less worried about those record levels of consumer debt and the housing market, both of which economists have said appear to be moderating.

Some industry participants, however, are already worried about a bubble forming, and rising debt levels as local governments jump into e-sports investment.

The index gauges how Americans feel about their finances by tracking their job security, net worth, comfort levels with their savings and debt, and overall financial situation.

You guys are set for life John and really don't have to worry about stocks and bonds and diversification as much if your debt levels are under control and your pension covers all your expenses.

I suspect that the willingness to finance consumption through increasing levels of debt is about to come to a quick finish.

«If we're all so terribly concerned about China's debt to GDP levels, why aren't we equally as concerned about the US?

While the level of mortgage arrears is still low by historical standards, a rising debt - service ratio could signal that's about to change.

The company's net debt increased to about 12.5 billion euros ($ 15.6 billion) by the end of March, nearing the level reached a decade ago when former CEO Jean - Marie Messier's acquisition binge left the company close to bankruptcy.

«The world spends a lot of time talking about the level of Canadian debt being extremely elevated, but what matters most is not the level of debt that Canadians hold, but the cost of carrying that debt,» the Manulife economist said.

Key information about the specific mortgages was lost in the process of securitizing mortgages in the first place, and then later repackaging these mortgage securities into collateralized debt obligations (CDOs) and CDOs - squared.5 In addition, the complexity of the securities meant that it would be difficult to understand the risks even if an investor had access to all of the relevant mortgage - level information.

When this happens and as debt levels rise relative to debt servicing capacity, at some point the major stakeholders — including businesses, creditors, household savers, workers and so on — became uncertain enough about how this gap will be allocated that they take steps to protect themselves from this uncertainty.

In the case of the household sector, both Mr. Flaherty and the Governor of the Bank of Canada are warning Canadians about their high debt levels and urging them to curtail their consumption and to reduce their debt.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

This he presents unequivocally as good news, since it suggests an easing of high, mortgage - driven household debt levels that have been among Carney's more acute longstanding concerns about the Canadian economy.

Saudi Arabia is «attractive in the short term,» says Butterfill, «but a lot depends on the Saudi Aramco deal; and there are issues about transparency, debt levels and political certainty.»

And by that we mean bring an end to double - digit price gains, bring about a steep correction in house prices to levels the city's lowly middle - class incomes can afford, bring about an end to staggering household debt levels and ultimately, bring about the end of housing as the economy's engine of growth?

«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household debt... and the bank is really caught between a rock and a hard place, because these high debt levels create pressure for higher interest rates, but inflation is very low.

This amount calculates to about $ 340 billion — nothing to sneeze at, but a far cry from the current U.S. debt level.

«When we talk about the risks looming on the horizon, one of the risks has to do with the high level of public and private debt.»

We just talked about how mortgage lenders will verify income and debt levels.

Although some people will raise a red flag about increasing debt levels, Edmonton only has about half the debt level of Calgary and a repayment plan was in place before any funds were borrowed (a requirement under provincial law.

Translating helpful developments into more substantive progress on inflation still seems a difficult task in the near term, and in terms of investment potential, we remain skeptical about Japan's fundamentals, given its elevated overall debt levels.

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

However, during September some global institutions voiced concerns about the speed at which China has accumulated debt — which has risen from 147 % of GDP in 2008 to 255 % in March of this year according to the Bank for International Settlements — could hamper the country's ability to maintain its current level of growth.

Unfortunately, far too many millennials trying to cope with these economic conditions have low levels of financial literacy and are wrestling with concerns about their debt.»

The reason for Australia's third - ranking iron ore miner traditionally being seen more as prey than predator is a function of its once sky - high debt levels, uncertainty about its ore grade, and a belief that at some point Forrest would be tempted to cash out of the company he created.

Nebuchadnezzar's sins, conceived of as debts, have risen to such a level that his creditor, God, is about to demand repayment in the form of punishment: He is calling in the bond he holds over this unfortunate debtor.

The foreign debt continues to be an issue and new voices have began to sound the need to look for ways to face it; (ii) At the national level two questions are concentrating increasing attention: one is the reassessment of the necessary role of the state to correct the distortions of a runaway market (currently discussed in Europe and in the discussions about the role the initiatives of «an active state has played in the economic development of Asian countries); the other is the need for a «participative democracy over against a purely representative formal democracy: in this sense the need to strengthen civil society with its intermediate organizations becomes an important concern; (iii) the struggle for collective and personal identity in a society in which forced immigration, dehumanizing conditions in urban marginal situations, and foreign cultural aggression and massification in many forms produce a degrading type of poverty where communal, family and personal identity are eroded and even destroyed.

These things are problematic to focus on, since they are deeply personal, yet on a societal level they make very little difference — meaning that they can alienate someone very quick, yet, even their perfect application (lifelong marriages between men and women only) would not cure our social ills — what about wars, starvation, national debt, environmental decay, cheating banks, resource depletion, peak oil etc. etc?

Standard & Poor's (S&P) has reduced Fonterra's credit rating - reflecting its concerns about the New Zealand dairy's debt levels.

Farmers and analysts have expressed concern about the level of debt, but Mr Helou said the implied gearing remains below where Fonterra got in its growth phase.

sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)

Cameron spends about two minutes reeling off horrible - sounding numbers about the level of public debt.