Finance

Canadians get rich at a faster pace than Americans

When you’re Canadian, it’s always nice to beat Americans at anything really. Last year, we beat Americans at their favourite sport – getting rich. Canada ranked eighth in the world for wealthy people in 2016,...

Finance, Uncategorized Read More

Lack of rainy day fund to weather rising interest rates

More than half of Canadians are worried about rising interest rates taking a toll their personal finances. But, one in four Canadians lack emergency funds to see them through tough economic times. ...

Finance, Financial Planning, Personal Finance Read More

Factors affecting your credit rating

As a concept, most Canadians are familiar with credit rating as a number between 300 and 900 that reflects your creditworthiness. Creditworthiness being the golden standard that helps secure loan approval for lenders....

Finance, Financial Planning, Personal Finance Read More

Rolling with the loonie’s roller coaster ride

With the value of the loonie going through frequent changes, it's hard not to wonder about how best to plan for the highs and lows....

Finance, Financial Planning Read More

Personal finance perks that make you sing O Canada!

In the wake of Canada’s 150th birthday, it’s time to bask in our good fortune of living in this country. When it comes to personal-finance, Canada has lots of reasons to command true patriot love in all her sons and...

Finance Read More

How financially savvy are you really?

While most of us claim to be financially literate, when tested on their finance knowledge Canadians don't seem to fare too well. ...

Finance, Financial Planning Read More

Alternative Lending: Closing the Debt-to-Income Gap

We’ve talked a fair bit about the importance of debt-to-income ratios here at the Progressa blog. This fundamental ratio shows the relationship between how much you make, and how much you owe: for Canadians, it...

Finance, Financial Planning, Saving Money Read More

Progressa End-of-Year Review: CEO Ali Pourdad

As we close out 2016, Progressa has a lot to reflect on about the world we live in. Canadian household debt levels have continued to break troubling records, having risen to over 167% relative to disposable income by...

Finance, News Releases Read More