111 Waterloo Street, Suite 310
2019 Debt Outlook
What is your 2019 debt outlook? The CIBC has reported that 48% of Canadian consumers are at risk of defaulting on debt payments and have no plan for debt reduction. The Conference Board of Canada and the IMF are both reporting that consumer debt is a significant risk factor for the Canadian economy. Debt reduction […]
Low Interest Loans
Things aren’t always the way they seem, especially with low interest loans. The idea of low interest loans is attractive especially to people who are on the threshold of financial collapse. We’ve previously blogged about low interest and how a low interest consolidation (into a mortgage) compares in cost to paying higher interest credit cards. […]
Happy New Year
To all our clients, families, friends and colleagues we wish you a very Happy New Year and hope you enjoy good health and prosperity. I am reminded of a couple of quotes that seem appropriate for this time of the year. “Forget your past, forgive yourself and begin again right now.” —Osho “When I let […]
Merry Christmas
Merry Christmas to all our clients, friends, colleagues, associates and respective families. We hope you have a safe an enjoyable holiday season and remember to drive safely and cautiously, especially under extreme weather conditions. Our office will be answering client inquiries throughout the holiday period and will open as usual on December 27th and 28th, […]
Debt is Debt
At the end of the day debt is debt, we hear people talk about good debt and bad debt but no matter what debt is still debt. A mortgage company is advertising “get out of debt using the equity on your home” – that is not “getting out of debt” that is simply moving debt […]