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.
    Sep 11, 2020
  • Canada’s household-debt-to-income ratio down slightly in second quarter
    Incomes are growing slightly faster than debt.
    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.
    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.
    Jun 13, 2019
  • Canadian households now using 14.9% of income for debt payments
    Rising interest rates are putting borrowers in a tough spot.
    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.
    Jan 4, 2019
  • 3 things you probably didn’t know about your credit score
    Your number doesn't matter as much as you think.
    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."
    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.
    Feb 10, 2017

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