Canadian Household Debt

• Another rate hike may be looming and Canadians worry they can’t keep up

  Ipsos polling shows 71 per cent of Canadians are worried they can't keep up with the pace of rising interest rates as debt-servicing costs mount.

  Money

  Jul 11, 2023
  
• Your debt in 2019: Trends that will affect your finances and how to prepare for them

  Interest rates, home prices, financial market volatility and a possible future recession loom large on Canadians' household balances.

  Money

  Dec 29, 2018
  
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• Canada’s household debt back to $1.69 for every dollar of disposable income

  The share of household debt to disposable income edged back up in the second quarter of the year.

  Money

  Sep 14, 2018
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• Loonie jumps as Bank of Canada sends more signals that interest rates may rise

  The loonie shot up following fresh signals from the Bank of Canada that it is giving more thought to raising interest rates, while Toronto's main stock index continued its second day of declines.

  Money

  Jun 13, 2017
• Experts believe interest rate hike may be coming after ‘hawkish’ Bank of Canada speech

  Carolyn Wilkins said the gains are something Canada hasn't seen since before the oil-price collapse nearly three years ago.

  Consumer

  Jun 12, 2017
• Rising interest rates could cost the average Canadian $130 a month more in debt repayments

  RBC report highlights the implications of a rate hike for household debt

  Money

  Jun 7, 2017
• Heartbroken and bankrupt: Why divorce can destroy your finances

  Debt can break a relationship — and keep divorced couples tied at the hip

  Consumer

  Apr 17, 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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• Canadians owe $1.67 for every dollar of disposable income, new data shows

  Household debt rose to a fresh record in the last stretch of 2016, according to Statistics Canada

  Canada

  Mar 15, 2017
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• Consumer spending fuels Canada’s economy — but also puts it at risk

  Consumer spending by everyday Canadians is keeping the economy going, but high debt levels are cause for alarm. So where is the balance?

  Canada

  Dec 16, 2016