Economy

Personal bankruptcies fall…for now

There’s a little more good news on the household debt front: Fewer Canadians are filing for personal bankruptcy.

By Staff |January 11, 2012

1 min read

A new wrinkle for Europe

A radical overhaul may be in order for the state pensions of the world’s most developed countries. There is already talk of scaling back benefits, but to do this across the board would be tragic. A better approach would be to make all state-backed pensions means-tested, rather than universal.

By Staff |January 11, 2012

1 min read

Consumer debt picture improves

While Canadians continue to rack up more consumer debt, there is a ray of hope that the trend may reverse: the rate that we are amassing debt is slowing, according to Equifax Canada's National Credit Trends Report.

By Staff |January 10, 2012

2 min read

Europe tops housing among bank concerns

While there is a prevailing sense of caution among Canada's big banks over the domestic real estate market, it's the situation in Europe that's keeping the CEOs awake at night.

By Vikram Barhat |January 10, 2012

2 min read