Debt in a time of rising rates

By Staff | June 17, 2022 | Last updated on June 17, 2022
1 min read

In June, the Bank of Canada raised rates for the second time this year, putting the benchmark interest rate at 1.5%. How will rising rates affect your clients, particularly those with debt? What does the current environment mean for their retirement plans? We examine several issues and explain how to have the necessary but difficult discussions.

How to talk to clients about debt

Is my client’s RRSP protected if they go bankrupt?

Planning for retirement amid persistent inflation

Securing credit in a rising-rate environment

As rates rise, household borrowing grows too staff


The staff of have been covering news for financial advisors since 1998.