Latest news with #FoundationWealth
Yahoo
11 hours ago
- Business
- Yahoo
Credit card debt is down in Canada — but household debt is up
Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says that while credit card debt going down may seem like a good thing, he's seeing borrowers tack on their debt to larger loans like mortgages. He shares tips on how to manage your debts and credit cards amid financial uncertainty.
CBC
12 hours ago
- Business
- CBC
Credit card debt is down in Canada — but household debt is up
Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says that while credit card debt going down may seem like a good thing, he's seeing borrowers tack on their debt to larger loans like mortgages. He shares tips on how to manage your debts and credit cards amid financial uncertainty.
CBC
31-05-2025
- Business
- CBC
What Trump's 'Big Beautiful Bill' means for Canadians' wallets
U.S. President Donald Trump indicated that he would increase government spending and loosen some fiscal restraints with a new spending bill dubbed the "big beautiful bill" last week. Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says that markets have already responded positively to the bill.
CBC
03-05-2025
- Business
- CBC
Is a recession on the way? What this could mean for your mortgage
Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says the Canadian market is in a weak environment, and the new government will have to step in to stop a recession. He says he's leaning towards a variable mortgage for his own personal situation in the current economic climate.
CBC
06-04-2025
- Business
- CBC
Trump's end goal with tariff war — and what it means for your investments
Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, said U.S. President Donald Trump may be trying to aggressively lower interest rates with a global trade war initiated by tariffs. Ting said Canadian investors shouldn't panic or move to change their investments just yet.
