Everything You Need to Know About Government, Bank and Personal Debt (On-Demand - CPABC)
Overview
The COVID-19 pandemic has brought the issue of debt to the forefront as it has never been before. Governments and central banks around the world have racked up trillions of dollars of debt to keep their economies from tanking. And this is after many have been living beyond their means for decades.
Many financial institutions and individuals are also getting deeper and deeper into worrying territory when it comes to their debt levels.
Where is this all going? Will our country and financial systems be OK? Will we be OK?
That’s why this course exists. To give you the real truth about what’s going on with the world’s and Canada’s government, bank and household debt.
In this completely updated 4-hour course we’ll cover everything you need to know about government, bank, and personal debt. This course is designed to inspire you to take control of your debt, if that is needed, and arm you with the information you need to know about debt at all levels so you can optimize your financial strategies going forward.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
- understand the psychology of debt and what is fuelling the debt binge
- learn the ins and outs of fiscal and monetary policy
- gauge Canada’s financial situation versus the world
- find out the ugly truth about the United States’ financial position by studying their latest financial statements
- learn from personal stories of people dealing with debt issues
- find out how the Bank of Canada is pumping billions of dollars into the economy
- get up to speed about the strengths and weaknesses of Canada’s big six chartered banks including a look at a consolidated balance sheet of all of them
- learn everything you need to know about personal debt including how to find out and improve your credit score
- get a free Excel calculator called the RRSP versus Pay Down Debt Calculator that will be demonstrated in this course
- find out the options for getting out of debt including doing it yourself, a credit counselling debt management program, consumer proposal and bankruptcy
- includes 10 secrets to improving your credit score
Content
Then we’ll look at how the government and central banks control the economy through fiscal and monetary policy and we’ll take a detailed look at the latest financial statements of both Canada and the United States.
We’ll also compare Canada's financial health to other countries, and we’ll look at the effect of the unprecedented quantitative easing created by our central bank, the Bank of Canada, including a look at its latest financial statements.
And we'll also look at the financial stability and risks facing the big six Canadian chartered banks including a look at the consolidated balance sheet of all six of them.
Lastly, we'll cover everything you need to know about personal debt including how to find out and improve your credit score, pay off your debts, and whether RRSPs are a better option than paying off debt including a look at the RRSP versus pay down debt calculator spreadsheet which is included with the course.
Course Content Created: March 2021
Course Content Updated: April 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
David Trahair, CPA, CAAbout This Product
On-Demand Courses by CPABC are recordings from live seminars, made available with any corresponding handout material, where available.
These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 4
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Everything You Need to Know About Government, Bank and Personal Debt (On-Demand - CPABC)
- 4
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Overview
The COVID-19 pandemic has brought the issue of debt to the forefront as it has never been before. Governments and central banks around the world have racked up trillions of dollars of debt to keep their economies from tanking. And this is after many have been living beyond their means for decades.
Many financial institutions and individuals are also getting deeper and deeper into worrying territory when it comes to their debt levels.
Where is this all going? Will our country and financial systems be OK? Will we be OK?
That’s why this course exists. To give you the real truth about what’s going on with the world’s and Canada’s government, bank and household debt.
In this completely updated 4-hour course we’ll cover everything you need to know about government, bank, and personal debt. This course is designed to inspire you to take control of your debt, if that is needed, and arm you with the information you need to know about debt at all levels so you can optimize your financial strategies going forward.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
- understand the psychology of debt and what is fuelling the debt binge
- learn the ins and outs of fiscal and monetary policy
- gauge Canada’s financial situation versus the world
- find out the ugly truth about the United States’ financial position by studying their latest financial statements
- learn from personal stories of people dealing with debt issues
- find out how the Bank of Canada is pumping billions of dollars into the economy
- get up to speed about the strengths and weaknesses of Canada’s big six chartered banks including a look at a consolidated balance sheet of all of them
- learn everything you need to know about personal debt including how to find out and improve your credit score
- get a free Excel calculator called the RRSP versus Pay Down Debt Calculator that will be demonstrated in this course
- find out the options for getting out of debt including doing it yourself, a credit counselling debt management program, consumer proposal and bankruptcy
- includes 10 secrets to improving your credit score
Content
Then we’ll look at how the government and central banks control the economy through fiscal and monetary policy and we’ll take a detailed look at the latest financial statements of both Canada and the United States.
We’ll also compare Canada's financial health to other countries, and we’ll look at the effect of the unprecedented quantitative easing created by our central bank, the Bank of Canada, including a look at its latest financial statements.
And we'll also look at the financial stability and risks facing the big six Canadian chartered banks including a look at the consolidated balance sheet of all six of them.
Lastly, we'll cover everything you need to know about personal debt including how to find out and improve your credit score, pay off your debts, and whether RRSPs are a better option than paying off debt including a look at the RRSP versus pay down debt calculator spreadsheet which is included with the course.
Course Content Created: March 2021
Course Content Updated: April 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
David Trahair, CPA, CAAbout This Product
On-Demand Courses by CPABC are recordings from live seminars, made available with any corresponding handout material, where available.
These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.