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Carrick on money: So much for Canada’s debt halo

Man stressed at home

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

So much for Canada's debt halo
"We basically borrowed our way out of this recession," an economist is quoted as saying in this article on the risks to Canada's economy posed by high debt levels. "Now, it's payback time."

What has all that borrowing given us?
Expensive house markets in cities like Vancouver and Toronto, which is the subject of this affordability check.

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Toyota Rules
Consumer Reports lists the car brands that have contributed the most Top 10 picks for the magazine over the past 17 years. Toyota is far and away the leader, followed by Honda.

Not just blowing hot air
How to squeeze the most out of the Air Miles customer loyalty program.

More money
Join the 20,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter .

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More


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