Canada Household Debt

• Household debt ratio drops to 158% of disposable income, down from 175%

  Meanwhile, the household saving rate spike to 28 per cent.

  Money

  Sep 11, 2020
  
• Canada’s household-debt-to-income ratio down slightly in second quarter

  Incomes are growing slightly faster than debt.

  Money

  Sep 13, 2019
  
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• Bank of Canada holds rates at 1.75% with no hint about future moves

  Canada's central bank said the economic damage from the U.S.-China trade war is worse than expected but did not mention the possibility of a future rate cut.

  Money

  Sep 4, 2019
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• Household debt-to-income ratio edges down in the first 3 months of 2019

  But the debt-service ratio was the highest since late 2007.

  Money

  Jun 13, 2019
• Canadian households now using 14.9% of income for debt payments

  Rising interest rates are putting borrowers in a tough spot.

  Money

  Mar 14, 2019
• Canadians today feel worse about their finances than they have in 3 years, poll shows

  Canadians aren't optimistic about their financial situations as they expect the costs of most expenses to mount next year.

  Economy

  Jan 4, 2019
• 3 things you probably didn’t know about your credit score

  Your number doesn't matter as much as you think.

  Consumer

  Apr 4, 2017
• Canadians are worrying about debt all wrong: CIBC

  The debt-to-income ratio is "probably the most useless economic indicator out there."

  Canada

  Mar 23, 2017
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• The Liberals tried to clamp down on Canadians’ debt. So far, it isn’t working.

  And it didn't really work the last time, either.

  Canada

  Feb 10, 2017