Equifax is the major credit reporting agencys in Canada. There are 150 million database updates per month at Equifax, that is 4.28 for each man woman and child in Canada, and the system is accessed 160,000 times per day with a 99.98 accuracy rating. It...
Equifax Canada released a statistic today saying that Canadians owe over $1.5 Trillion dollars on non-mortgage debt. (Credit cards, lines of credit, car loans etc) Yes, that was trillion with a T, not billion. That is on average $20,891 for each of us, up 7.4...
At the recent national conference for insolvency professionals, there was a presentation on the restructuring of the Ottawa Senators back in 2002 and how it affected the players. Statistics were shown that 78% of all NFL players file for bankruptcy within 2 years of retirement...
Lee-Anne Goodman, The Canadian Press September 23rd, 2014 Age, not gender, is increasingly at the heart of income inequality in Canada, says a new study that warns economic growth and social stability will be at risk if companies don’t start paying better wages. The Conference...
By – The Canadian Press The Canadian Payroll Association says things are getting tougher for working Canadians. The CPA, in its sixth annual survey of thousands of Canadian employees, says it found more are living paycheque to paycheque, most are saving less than they should...
This NBC article from the US talks about the unscrupulous debt settlement companies that are currently trying to take advantage of people with high student loan debt. Previously it was credit card debts or people underwater with their home equity that they were pursuing. http://www.cnbc.com/id/101833534...
