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The LendCare Blog

Binge-worthy brain food for everything business

13 September 2021

Canadians say adios to 20.6 billion worth of debt

According to Statistics Canada, overall non-mortgage debt fell by 20.6 billion from the start of the pandemic to January 2021. Non-mortgage debt includes debt such as payday loans, auto loans and credit cards.
25 August 2021

Do home renovations affect your home insurance?

Many people assume that notifying their broker about work being done on their house will inevitably raise their insurance rates premiums. While this can be the case, some home improvements can actually lower insurance premiums by reducing the risk of future claims.
16 August 2021

Which is smarter, cats or dogs?

Brian Hare, the founder and director of Duke University's Canine Cognition Center, phrased it like this in an interview with PBS: "Asking which species is smarter is like asking if a hammer is a better tool than a screwdriver."
5 August 2021

3 ways COVID-19 is affecting pets, owners and businesses

As many people have been out of work or are now working from home full time, it seemed like the perfect time to invest in a new pet companion. But now, as lockdown restrictions ease and people start heading back to work, there have been some positive and negative effects for pet owners, vets and pets.
30 July 2021

The post-COVID retail renaissance

Foot traffic at physical retail stores is up 44% in June 2021 from the same month in 2019.
27 July 2021

Powerboat sales volume sails passed expectations

Outboard engine retail sales in 2020 reached a total of 44,000 units, up 17% over 2019, marking both the highest annual sales volume and largest annual growth rate since 2008.
21 July 2021

Cosmetic dentistry – a billion-dollar industry built on brighter smiles

Cosmetic dentistry has, in fact, become a huge stream of revenue worldwide. The global Cosmetic Dentistry Market was valued at USD 18.79 Billion in 2018 and is expected to reach USD 32.73 Billion by the year 2026.
15 July 2021

Many Canadians can’t afford to see the dentist

1 in 5 Canadians skip visiting the dentist because they cannot afford it. These statistics get even worse for low-income households, where nearly half of them avoid seeing the dentist due to the cost.

Canadians say adios to 20.6 billion worth of debt

It seems Canadians have collectively used their time at home during the pandemic to pay off an impressive amount of debt. Read more on the LendCare blog HERE.