Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

nonmortgage debt News and Articles | My Blog

Canadian borrowing grows at its fastest pace since 2010: BoC

9/22/2017 | Posted in Financial Health by Michael Antczak

household-debt-canada-89.jpg - Real Estate News

Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication.

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Canadian debt-to-disposable income load rises in Q2

9/19/2017 | Posted in Financial Health by Michael Antczak

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In its latest data release, Statistics Canada announced that the amount Canadians owed compared with their disposable income climbed higher in the second quarter.

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Bank of Canada Rate Increase - Consumer Impact

9/12/2017 | Posted in Financial Health by Michael Antczak

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Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate.

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Ontarians are piling up non-mortgage debt

9/6/2017 | Posted in Financial Health by Michael Antczak

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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans.

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Record household debt to add pressure to credit cards in next downturn: Moodys

8/23/2017 | Posted in Financial Health by Michael Antczak

cheque-debt-bills-signature-96.jpg - Real Estate News

Unprecedented household debt levels will give Canadians a rude awakening on their unpaid credit card bills if another economic downturn materializes in the coming years, ... More


Governments "hypocritical" over household debt says Fraser Institute

7/19/2017 | Posted in Financial Health by Michael Antczak

household-debt-canada-89.jpg - Real Estate News

The high levels of Canadian household debt should not be viewed in isolation a new report from the Fraser Institute says.

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Income volatility for 10 million Canadians: TD Bank Report

5/18/2017 | Posted in Financial Health by Michael Antczak

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Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year.

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Canadian household debt hits another record in fourth quarter

3/15/2017 | Posted in Financial Health by Michael Antczak

household-debt-canada-89.jpg - Real Estate News

The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More


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