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Tackling Debt Remains Canadians’ Number One Financial Priority For 11th Year...

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Despite a global pandemic and financial uncertainties, a new CIBC study finds that for the 11th straight year, paying down debt remains the number one...

One Third Of Canadians Feel They’ll Never Financially Recover From The...

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The COVID-19 pandemic has had a dramatically negative impact on the financial health of Canadians, with nearly one third (30%) concerned they will not...

10 Financial Literacy Tips To Mark 10 Years Of Financial Literacy...

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November marks the 10th anniversary of Financial Literacy Month (FLM), an initiative launched by numerous community groups, non-profits and government bodies to help improve Canadians'...

Nothing Is Normal — Canadian Workers Are Overwhelmed By Uncertainty

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The unspoken economic impact of the COVID-19 pandemic is that many working Canadians, those who have remained on payroll, are better off financially than...

Canadians May be Affected by Equifax Cybersecurity Incident

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Equifax Inc. announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers and an undisclosed number of Canadians. Criminals exploited a U.S. website...

Bank of Canada Increases Overnight Rate Target to 1%

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The Bank of Canada is raising its target for the overnight rate to 1%. The Bank Rate is correspondingly 1.25% and the deposit rate...