This past year had a lot of economic changing affecting how we live and spend. The key takeaway is that more and more Canadians are under financial pressure - especially those already carrying debt.
Listen in on this week's podcast as we discuss links between the depression era and a classic song that captures the emotions that run through families struggling with debt.
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.
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.
Doug Hoyes and Ted Michalos talk about the October 2016 mortgage rules announced by the federal government and how they affect insured mortgages, borrowers, lenders and the real estate market. Listen to the podcast.