Recent studies show that Canadians are increasingly worried about their financial wellbeing at retirement and into the golden years. Counter-intuitive as it may seem however, the household savings rate continues to plunge as Canadians take on more and more debt. This paper analyzes the level of...

Increasing debt of Canadian households has been a subject of intense discussion for a good number of years. In the current economic situation, thought, the topic of household indebtedness is rapidly becoming a more critical area. This paper seeks to understand the extent to which the 2008...

In 2007, and then again in 2009, CGA-Canada set out to analyze the level of debt of Canadians, the risks associated with rising indebtedness, and the extent to which the recent financial and economic crises worsened the financial positions of Canadians. In the spring of 2010, CGA-Canada...

In 2007, 2009, 2010 and then again in 2011, CGA-Canada set out to analyse the level of debt of Canadians, and to understand the extent to which the financial crisis and economic downturn worsened the financial situation of households, and whether the economic recovery have eased the financial...