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Podcast: DebtMatters Podcast
Episode: 104- Household Debt and Insolvencies are Surging in Canada
Description: Household debt in Canada has risen steadily year after year. The high levels of debt make the economy vulnerable to any global economic crisis. As a result, more Canadians are having to face insolvency options as it becomes increasingly difficult to manage their debt. In today’s podcast Licensed Insolvency Trustee, Derek Chase, talks about what Canadians high levels of debt mean for you. What can you do to protect yourself?Derek also discusses:Federal debt relief programs availableThe ripple effect of interest rate hikesWho keeps track of the Canadian insolvency statisticsWhy you need to become fi...