OTTAWA (CBS.MW) -- Canadian Finance Minister Paul Martin declared a moratorium on debt repayments owed to Canada from a host of poor countries Tuesday. Martin said 11 of 17 heavily indebted ...

TORONTO, May 6, 2025 /CNW/ - A new national study from Money.ca reveals that Canada is facing a mounting debt and delinquency crisis, with average non-mortgage debt rising and delinquency rates ...

OTTAWA, Nov 21 (Reuters) - Canada's deficit spending will be much higher than forecast in March and its debt will come down more slowly, the finance ministry said on Tuesday in its mid-year fiscal ...

You may have ended up in debt ... repayment periods for debt consolidation loans: up to five years. Considering it has no prepayment penalties and caters its services to newcomers to Canada ...

An old school of financial thought divided all debt into good versus bad. “Traditionally, there’s a collective idea in Canada that mortgage ... put more toward debt repayment instead.

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously ... When you consolidate debt, the repayment timeline starts from day one and may extend as long as seven years.

National debt represents the amount of money a government owes its creditors. Every time a government runs a deficit, it needs to borrow to cover it. Canada runs deficits more often than not.