Sentences with phrase «soaring debt levels»

Not exact matches

As prices have kept rising, Canadians have eagerly taken on mortgages, and household debt levels have soared to record levels.

The country's debt levels soared.

Below is a chart showing national debt as a percentage of GDP going back to the founding of the U.S.. Although we've seen periodic spikes in response to national crises, the debt could soar to unprecedented levels within the next 10 years.

This forced upon its European trading partners the resulting unemployment pressure, although they were able to stave off unemployment with soaring debt for several years until 2009, after which debt levels reached their limits and unemployment in Europe duly soared.

A third of the British workforce expects to retire after their 70th birthday as older - age debt levels soar

Minister of Finance Bill Morneau is trying to balance soaring household debt levels against the need for strength in consumer spending.

Nonetheless, Canadians trying to imagine how a broad economic downturn could play out should pay attention to what's happening on the Prairies, where high house prices, soaring personal debt levels and an unexpected wave of job losses proved to be a toxic mix.

But early last year, worried by soaring household debt levels, it began warning its next move would be a rate hike and that Canadians should plan accordingly.

TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.

If you're late with your credit card payments, the level of your debt will start to soar.

Bankruptcies are soaring and debt levels have jumped to heights that would have seemed unthinkable only a generation ago.

Unemployment, inflation, and mortgage repayments are soaring as a result of the crash, which has saddled Iceland with levels of debt running to tens of thousands for each of the population of 320,000 and necessitating a 10bn - dollar bailout programme led by the International Monetary Fund.

On ethical financial advising, soaring consumer debt levels and understanding company pension plans.

• Soaring real estate prices alone can't be to blame for rising debt levels in Canada.

Sands & Associates, BC's largest firm of licensed Trustees in bankruptcy and consumer proposal administrators, today released results of a study offering insight into BC's soaring consumer debt levels.

Consumer debt is growing; bankruptcies have soared 54.3 per cent over the past year with those in the know saying this would have happened with or without the recession; and, most disturbing, is the fact that debt is becoming a serious problem among young Canadians, with a growing number approaching Credit Canada with levels of student debt and credit card debt that are out of control.

Wall Street buyers are acquiring the debt after foreclosure starts dropped this year to the lowest level since 2006 and house values soared in California, Phoenix and other markets hard - hit by the real estate crash.

This has inspired lots of foreboding talk about how our «soaring» household debt - to - income levels are now higher than U.S. debt - to - income ratios were at the peak of their housing bubble.