consumer confidence News and Articles | My Blog
Here are the tax changes that will affect your pocketbook in 2024
1/2/2024 | Posted in Canada Living by Paul DeAdder
Canadians preparing their taxes and finances for 2024 might find a bit of help from an unexpected friend: inflation.
... MoreBank of Canada's Macklem says 'too early' to consider rate cuts
12/15/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More
Consumer confidence is suffering an unprecedented decline
4/15/2020 | Posted in Canada Living by Paul DeAdder
Nearly four-fifths of Canadians expect the economy to worsen over the next few months.
... MoreMillions of Canadians already missing payments due to COVID-19
3/27/2020 | Posted in Financial Health by Paul DeAdder
The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms.
... MoreCanadian consumer confidence takes unprecedented slump
3/19/2020 | Posted in Canadian Economy and Housing Market by Paul DeAdder
A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.
... MoreMore people are going broke in Canada as interest rates rise
1/9/2019 | Posted in Financial Health by Paul DeAdder
It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.
... MoreConfidence in the economy, real estate is growing
8/21/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.
... MoreEconomic rebound, greater consumer spending imminent
6/27/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.
... MoreHousehold spending shows early symptoms of fatigue
4/27/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.
... MoreCanadian household debt hits another record in fourth quarter
3/15/2017 | Posted in Financial Health by Paul DeAdder
The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More
Canadians continue to pile up non-mortgage debt: report
11/16/2016 | Posted in Financial Health by Paul DeAdder
Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion.
... MoreLender warns over rising household debt
8/25/2016 | Posted in Home Owners by Paul DeAdder
Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More
