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Canadian household debt-to-income ratio hits record high

Canadian household debt-to-income ratio hits record high

The federal government and the Bank of Canada have expressed concern that Canadians are taking on too much debt – in particular cheap mortgages – at a …
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Consumer debt ratio rose in Q2 after two quarters of decline: StatsCan

OTTAWA – Canadian mortgage borrowing jumped in the second quarter, pushing a key measure of household indebtedness to a new high, according to …
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Canadians' rising debt load worries economists

In the previous quarter, Canadians borrowed $3.8 billion for mortgages — the lowest level in four years — and reduced other loans and consumer credit.
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