Month: November 2013

75% of Canadians in debt for an average of $16,000.00

As many as seventy-five percent of Canadians recently polled say they are in debt and owe an average amount of nearly $16,000. The average personal debt load, which doesn’t include a mortgage, jumped by $2,779 to $15,920 this year compared with last year, says RBC’s annual debt poll released in late October. Young people between…

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