Canadian household debt levels eased for a third straight quarter in Q4 according to Statistics Canada. In the last three months of 2023, households owed $1.79 in credit market debt for every dollar of disposable income. But a global rally in stocks and bonds boosted households net worth and offset a drag from reduced housing values. Anne Gaviola breaks it down in Business Matters for Wednesday March 13.
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Business Matters: Canadian households owed $1.79 for every dollar of disposable income in Q4
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