What's the correlation between women and insolvency? A study found that women are less knowledgeable than men about financial products. High-risk categories of women struggle to not only become, but to maintain a moderate level of financial preparedness.
Aggressive lending policies have allowed Canadians to buy too much house for years. Our guest Michael Chong believes that if CMHC was privatized, mortgage insurance could be properly priced by the free market.
Doug Hoyes & Ted Michalos discuss a common fear about who will be notified when you file a bankruptcy or consumer proposal and why it doesn't matter.
On Debt Free in 30, we talk with Ben Rabidoux about how the next changes in mortgage lending rules will affect the cost of your mortgage, refinancing and the housing market.
Does financial literacy belong in high schools? On today's podcast we ask this question of Prakash Amarasooriya, who, along with the Toronto Youth Cabinet, presented a petition for the inclusion of new material into the Ontario high school curriculum.
Air Miles has changed their loyalty program, which brought up a question from our listeners: What happens to my Air Miles, loyalty points and cash-back program if I file bankruptcy?
One possible solution to poverty reduction, and possibly high consumer debt levels, is the concept of basic income. Doug Hoyes talks with David McDonald, senior economist with the Canadian Centre for Policy Alternatives to help us better understand the costs and consequences of a guaranteed income program,
Mogo Financial offers free credit scores, nice lounge stores and an online loan app. On today's DFI30 podcast we talk with Squawfox.com blogger Kerry Taylor talks about her visit to a Mogo Financial Lounge and how she found a sexy store that's a payday loan company in disguise.
The Canada Revenue Agency has been warning Canadians to be wary of aggressive tax scams demanding payment over the phone. Many of the callers use terrorizing language often threatening arrest, jail time or calls to your employer if they do not receive payment. However, in a new twist recently reported by one of our clients, […]
We're living in very different times in terms of our economy. Doug talks with economist David Bond about how the Canadian economy as a whole is impacted by household debt and the root causes of debt, including income inequality and our tax system.