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Hanif Bayat

Reporter · CA

Indexed articles, last 90 days
4
Latest publication
Sep 29, 2026
Outlet visibility, for Theglobeandmail
Top 10K sites
Earliest in this view
Jul 14, 2026

Latest articles

  1. Article · Sep 29, 2026 · Hanif Bayat

    Canadian insolvencies are back to pre-pandemic levels. But something has fundamentally changed (opens the original)

    Excerpt · Critical tone · English

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    Insolvencies per adult are up 46 per cent since 2021, and nearly four in five insolvent Canadians now choose a consumer proposal rather than bankruptcy. In a consumer proposal, a licensed insolvency trustee helps the debtor make an offer to creditors to repay a portion of what is owed, usually through scheduled payments. In a bankruptcy, the trustee takes control of the debtor’s assets that aren’t protected by law, sells them where appropriate and distributes the proceeds to creditors. In the 12

  2. Article · Sep 15, 2026 · Hanif Bayat

    CPI suggests your money loses half its value every 30 years, but this measure points to 13 years (opens the original)

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    One big misconception in personal finance is how fast money actually loses purchasing power. Headline inflation, known as the consumer price index (CPI), is the default yardstick, but money likely loses value faster than that. By one reasonable though imperfect estimate, it loses half its purchasing power every 13 years – not the 30-plus years that CPI implies. The clearest evidence is the price growth of assets sitting outside the CPI basket. Gold has outperformed every major asset class so far

  3. Article · Jul 28, 2026 · Hanif Bayat

    The Big Six banks control 85% of deposits, yet their rates rank near last (opens the original)

    Excerpt · Neutral tone · English

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    Canada’s Big Six banks hold roughly 85 per cent of all deposits in the country. Add Desjardins, the seventh-largest player, and that share climbs to 91 per cent. The rest, including over 100 credit unions and more than 20 other banks, hold just 9 per cent. That concentration would make sense if the big banks offered better service or rates than everyone else. But do they? Based on an estimate from WOWA.io, a provider of financial data services, more than 65 per cent of bank deposits in Canada ar

  4. Article · Jul 14, 2026 · Hanif Bayat

    Is government debt 132% of GDP, or 21%? Depends on which debt you include (opens the original)

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    The debt level of Canadian governments is a hot-button political and economic topic, and both high and low numbers get thrown around. So who’s telling the truth? Well, both sides are. And since no single number tells the whole story, we need to look at multiple measures. Gross debt shows total exposure to rising borrowing costs, net liabilities shows overall solvency, and net debt excluding CPP/QPP shows how much room governments have to respond to the next crisis. Opinion: Canada must resist th

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