Debt Levels Canada

• Canadian households added more debt in the third quarter: Statistics Canada

  There was $1.83 in credit market debt for every dollar of household disposable income in the third quarter of 2022, Statistics Canada says.

  Money

  Dec 12, 2022
  
• Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: Equifax

  Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, even as mortgage volumes decline.

  Consumer

  Dec 6, 2022
  
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• Canada’s debt level is sustainable over long term, parliamentary budget officer says

  The report says that over the long term, relative to the size of their economies, provinces will face rising health-care expenses due to the aging population.

  Canada

  Jul 28, 2022
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• Number of highly indebted households on the rise as COVID-19 aid winds down: BoC

  Bank of Canada calculations suggest the share of highly indebted household should this year surpass the pre-pandemic peak recorded in 2019, deputy governor Paul Beaudry said.

  Economy

  Nov 23, 2021