Sentences with phrase «indebted canadian»

This cohort of the most heavily - indebted Canadian families represents 720,000 households, the central bank says — almost as many as there are in Manitoba and Saskatchewan.

Canada wasn't the focus of the panel discussion the governor was participating in, but Carney did hint, in passing, that the BoC is willing to put up with higher than two per cent inflation in order to avoid hurting highly indebted Canadian households by raising interest rates too quickly.

Normally, Canadian bond yields roughly trace U.S. bond yields, so you'd think an interest rate spike south of the border would provoke one here, which could hurt indebted Canadians and the housing market.

Although I don't pretend to understand all the «ins & outs» of banking, public financing, etc., it seems to me to be self - evident that if Canadian governments at all levels were able to borrow, at low or preferably no interest rates, to finance infrastructure projects and other issues such as health care and education, rather than indebting Canadians in perpetuity in order to pay big interest payments to the greedy Big Banks, it would ultimately be in the best interests of most ordinary Canadians.

A new CIBC report suggests 49 % of indebted Canadians aren't making any progress paying down their debt.

On page 39 you will find an article titled Growing (debt) pains: Cambridge Life Solutions offers a lifeline to indebted Canadians — using a -LSB-...]

• While we're on the subject of debt, it's worth point out that nearly half of indebted Canadians are trying to pay off their dues ahead of schedule, according to a new CIBC poll.

Credit Canada CEO, Laurie Campbell joins BNN to discuss how indebted Canadians can manage their debt as the Bank of Canada gets set to hike interest rates yet again in the coming months.

Among these changes are stress tests, designed to ensure that home buyers can handle payments if mortgage rates rise by 2 percentage points, potentially making it more difficult for cash - strapped or indebted Canadians to buy homes.

Not exact matches

The main risk to the market continues to be the vulnerability of the highly indebted households to a slump in the labour market, says Jamie Feehely, managing director of Canadian Structured Finance at DBRS.

With widespread warnings that we're approaching the peak of the housing boom, with Canadians more indebted than ever, largely due to their outsize home investments, and with cities like Toronto boasting some of the lowest rents among major world centres, why aren't more of us re-examining the math?

Borrowing costs have never been this low, Canadians have never been as indebted and the nation's economy has never been so reliant on consumption and housing.

These highly indebted households now hold one - fifth of total Canadian household debt.Simulations suggest that this greater degree of household indebtedness could exacerbate the impact of shocks to income and interest rates relative to the pre-crisis period.

Canadian households are now among the most indebted in the world, despite repeated warnings from the Bank of Canada that their borrowing was getting out of control.

On the other hand, Krugman's gloomy view, outlined this week in a New York Times opinion piece, echoes former Bank of Canada governor Mark Carney and others who worry that Canadians are too deeply indebted and over-leveraged to a dangerous degree.

But when that happened, Canadian households were far less indebted than they are today, and the Canadian economy did not rely nearly so much on the finance, real estate and construction sectors for growth.

Last July a CIBC poll found that, on average, Canadians expect to be debt free by age 56, although some are indebted well into their sixties.

OTTAWA — The federal budget watchdog says in the coming years increasingly indebted households are poised to become the most financially vulnerable Canadians in decades.

In the States, you know we had this big housing crash and there was a retrenchment and now Americans are far, far less indebted than Canadians are.

As a result, Canadian households are more indebted than their American counterparts relative to each country's GDP.

Anything to prevent Canadians from becoming even more indebted should be a good thing.

About 12 per cent of Canadian households are considered to be extremely indebted — which means they have a debt - to - income ratio of at least 250 per cent.

«We are getting at the overall concern around family indebtedness and a sense that we recognize that Canadians are relatively highly indebted,» he said.