Loan

Economic Indicators

Canadian debt-to-income ratio declines in Q4

In Q4, there was $1.70 in credit market debt for every dollar of household disposable income

By Staff, with files from The Canadian Press |March 15, 2018

3 min read

Industry

How to keep splitting income with family members in 2018 and beyond

But act fast if clients suit this strategy

By Kyle Westhaver and John Nicola |January 19, 2018

4 min read

Tax Strategies

How the prescribed interest rate interacts with employee loans

Where the opportunities and exposure lie

By Doug Carroll |November 24, 2017

3 min read

Tax News

What an interest rate rise would mean for prescribed loans

Effects on spousal and employee loans

By Doug Carroll |September 22, 2017

3 min read

Estate Planning

Why family gifts and loans require planning

Generous gestures could affect your client's estate

By Margaret O’Sullivan |June 30, 2017

4 min read

Economic Indicators

How banking profits will exceed $80 million in 2017

Interest income accounts for more than 40% of the banking industry’s revenues, which means banks were forced to look for alternative income streams in recent years. Key streams include banking fees, as well as insurance and investment management services, reveals an outlook report on the banking industry by the Conference Board of Canada. Read: Investor […]

By Staff |March 29, 2017

2 min read

Industry

A new reason to pay more than the minimum on credit balances

Many Canadians say they don’t have the funds to make RRSP or TFSA contributions. However, most Canadians have the funds for something else important to their financial well-being: paying more than the minimum amount on credit card balances. And, while that kind of commitment helps pay off debt faster, it may also boost a client’s […]

By Staff |February 23, 2017

2 min read

Industry