Jun 30, 2021
Reliance on Debt Societal / Consumer behaviour towards the use of debt and access to credit has changed; influenced by technology, easier lending practices, low interest rates and the extensive media messages to buy now. It has come to the point where over...
Jun 16, 2021
Normally such intervention is to protect the public interest and instill confidence in the economy or sector requiring regulation. More than 10 years ago we witnessed provincial governments focus on and intervene in the market conduct of payday lending and cheques...
Jun 2, 2021
In the past, regulatory frameworks for licensed financial institutions (LFI), whether banks, credit unions, insurance companies, securities, etc., had focused primarily on prudential matters, profitability of business models and financial stability. The public...
May 19, 2021
I offer no comment on the differentiation between what is considered good debt or bad debt; my concern is whether the debt is suitable, appropriate and affordable now and in the near future. I would suggest that consumers do not understand or even care about the...
May 5, 2021
In general, our economy has become significantly rooted in consumer spending as there has been limited growth in consumer income when inflation is taken into consideration. So where does the fuel for economic expansion come from? I would suggest it is fueled, in a...
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