by
on 02-16-2010 at 03:14 PM (LLQP - Life License Qualification Program)
Of great interest to Financial Planners is the state of the Canadian family economy and disposable income. This Vanier Study shows quiet clearly that the wallet's "wiggle" room has long disappeared. A debt-to-income ratio of 145% is dramatic and worrisome, yet we are told that we are out of the recession. Easy access to credit still exists and that will exacerbate the situation even further as we go forward in 2010.
For those that do not know, debt-to-income ratio is a comparison
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