The Bank of Canada has been warning us for years ... We're all taking on too much debt. And if the Bank of Canada's warning hasn't sunk in perhaps your mother's has.
But here's the interesting thing ... a survey conducted by CIBC reveals promising news. The majority of Canadians are still in debt but nearly half of us are trying to pay it off ahead of schedule.
Jason Smith is an investment advisor with RBC Dominion Securities in Windsor. He is The Early Shift's personal finance columnist.
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