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Podcast: DebtMatters Podcast
Episode: 83 - Canada’s Rising Interest Rates and Consumer Debt
Description: Very few Canadians are 100% debt-free. Debt is normal but over the past year consumer debt has notably increased. Even though inflation is slowly easing, it is still relatively high. Unfortunately wages haven’t grown with inflation leaving the average Canadian with less money to spend. This means many have had to increase their reliance on credit cards to purchase necessities. This timely podcast features Licensed Insolvency Trustee, Leigh Taylor, discussing the rise of consumer debt in Canada and what the future might look like. What can you do when your debt is mounting and where you can turn. Le...