Canada Household Debt
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Household debt ratio drops to 158% of disposable income, down from 175%Meanwhile, the household saving rate spike to 28 per cent.MoneySep 11, 2020
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Canada’s household-debt-to-income ratio down slightly in second quarterIncomes are growing slightly faster than debt.MoneySep 13, 2019
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Bank of Canada holds rates at 1.75% with no hint about future movesCanada'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.MoneySep 4, 2019
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Household debt-to-income ratio edges down in the first 3 months of 2019But the debt-service ratio was the highest since late 2007.MoneyJun 13, 2019
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Canadian households now using 14.9% of income for debt paymentsRising interest rates are putting borrowers in a tough spot.MoneyMar 14, 2019
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Canadians today feel worse about their finances than they have in 3 years, poll showsCanadians aren't optimistic about their financial situations as they expect the costs of most expenses to mount next year.EconomyJan 4, 2019
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3 things you probably didn’t know about your credit scoreYour number doesn't matter as much as you think.ConsumerApr 4, 2017
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Canadians are worrying about debt all wrong: CIBCThe debt-to-income ratio is "probably the most useless economic indicator out there."CanadaMar 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.CanadaFeb 10, 2017
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