Ms Cuttle's List: Resources to Get You Started

• It finds that the most heavily-indebted are responsible for all of the rise in debt since 2007, and that those who should be saving for retirement and building assets are moving fastest into a financial hole.
• Low interest rates have driven recent debt growth. But that's not all – household income growth was weak last year, just as inflation heated up. As a result, real disposable income fell 0.1 per cent in the first three quarters of 2011, the bank said – another reasons why people got squeezed.
• more Canadians are financially vulnerable to sudden changes such a job loss, drop in housing prices or increase in interest rates.
• In October, a TD report found the 65-plus age group are racking up debt at three times the average pace.
• As a result, the share of heavy borrowers has soared -- to 34 per cent of all indebted households today, compared with 26 per cent in 2007.

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