debt Archives - CARP

Debt Posts

Susan Eng Weighs In – Senior Debt & The Need for Change

September 25, 2015

Below is a summary of a segment that was featured on Debt Free in 30 radio show that aired on 7 radio stations ...

Parents say adult children draining their nest eggs, CIBC poll finds

September 2, 2015

Click here to read 'Parents say adult children draining their nest eggs, CIBC poll finds' by Emily Chan - CTV News, ...

Canadian seniors better off but still want to work

July 15, 2014

July 14th, 2014: CARP was interviewed for the July 14th, 2014 edition of the Globe and Mail. The article says that ...

Retiring with debt

May 31, 2013

Unpaid mortgages represent a new norm for many seniors, with some retirees even adding new mortgage debt. The trend has ...

Seniors’ debt troubling, local advocate says

April 5, 2013

Recent study results revealing seniors continue to accrue debt into retirement causes Bob Stinson concern.The president ...

Danger signs as seniors pile on debt: Goar

March 8, 2013

Latest household financial statistics show a troubling trend: Canadians over 65 are borrowing more, while their younger ...

Expert Q&A: Are reverse mortgages loans of last resort?

October 19, 2012

The inspiration for this article was an AARP website video that presents a soon-to-be homeless man's sobering plight ...

Nearly 60 per cent of retired Canadians hold debt

July 27, 2012

CALGARY — A new CIBC conducted by Harris/Decima reveals that nearly 60 per cent of retired Canadians hold some form ...

Seniors issues emerge as a policy priority for federal government

March 14, 2012

This article was published by The Hill Times on March 15th 2012.  To see this article and other related articles on ...

Report on Canadian Household Debt

October 21, 2011

October 21, 2011 – It comes as no surprise in our current economic climate that household debt levels in Canada are ...