By Mabell, Dave on April 24, 2018.
Dave Mabell
Lethbridge Herald
Albertas economy is growing. But so are interest rates.
And a growing number of Albertans are getting anxious about their debt.
A new research report from the nations largest personal insolvency firm shows 55 per cent of Alberta consumers are feeling the pinch, following the Bank of Canadas series of rate hikes.
And 59 per cent admit theyre afraid rising rates could affect their ability to repay their mortgages and other debts. In fact, 43 per cent feared they could be forced toward bankruptcy.
Albertans are more fearful today than other Canadians, according to the latest MNP Consumer Debt Inde…
Read the full article at: http://lethbridgeherald.com/news/lethbridge-news/2018/04/24/albertans-feeling-the-heat-of-higher-interest-rates/