Canadian Interest Rates: Planning for Change

A new report by credit monitoring agency TransUnion suggests that an interest rate increase of as little as 0.25% could negatively impact almost a quarter of a million Canadians, who would suddenly find themselves unable to maintain┬árepayment of their existing debts. Though they have remained…

So You’re Debt Free – What Next?

With hard work, perseverance, ingenuity, and help from the right groups of support and advice, we can eliminate the pressure of debt in our day to day lives. For many individuals, the road to eliminating long-term debts and all of their negative effects on personal…

Predicting Post-Secondary Education Costs

A recently released CIBC poll shows that four out of five Canadian parents could not correctly estimate the average costs of post-secondary education. As a new university and college cohort prepares to enter into student life, this data presents some worrying conclusions about the way…