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Tag Archives: news

Which retailers will attempt to hit Target Canada’s missed mark?

Target

The following article is a guest post by Dan Greenstein. Target Canada received approval this week from an Ontario Superior Court judge to sell back leases on 11 of their 133 locations across Canada. Oxford Properties and Ivanhoé Cambridge are contributing $138 million in lease buybacks which will go towards Target’s bankruptcy proceeding in Canada. […]

March 9, 2015

Canadian Consumer Debt Hits Record 160%

Credit Card

The following article is a guest post by Dan Greenstein. Canadian consumer debt as a percentage of after-tax income is at the highest level in history. Stats Canada research indicates that consumer debt including mortgages now exceeds 160% of disposable income, which is about twice the levels seen in 1990. Total Canadian consumer debt is […]

March 5, 2015
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