Category Archives: Debt

Video: RRSPs and paying down your mortgage.

 Drag our Leaf Icon above to your taskbar to bookmark TGAM in Internet Explorer 9. Show me how Please don’t show me this again Remind me later Paying of the Mortgage and contributing to your RRSP. Video John Heinzl offers three … Continue reading

Posted in Business, Debt, Home Equity, Mortgage, Mortgage News, Real Estate, Retirement Planning, Video | Tagged , , , , , , ,

Optimism drops as Canadians struggle to save

Canadians have managed to pay down debt in the economic downturn, but the majority feel they aren’t getting ahead financially, according to a bank study that will be released on Thursday. The RBC Consumer Outlook Index, which tracks quarterly economic … Continue reading

Posted in Business, Debt, Globe and Mail | Tagged , , ,

Line of credit interest rates rising for some

I still remember the uproar when the Big Five banks started raising rates on lines of credit after the 2008-2009 stock market crash. While they suggested it was a temporary blip, the banks didn’t lower rates for most borrowers after … Continue reading

Posted in Debt, Home Equity, Mortgage | Tagged , , , ,

Debt: Be a Recipient of Interest Income, Not a Payer of It

One of the biggest causes of the financial crisis was debt: at personal, corporate and government levels. We all remember the 2008 stock crash and the corporate giants like AIG and Lehman Brothers that crashed and burned because of excess … Continue reading

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