Client margin debt was more or less flat in January, the Investment Dealers Association of Canada reported Friday.
As of January 31, client margin debt was $6.94 billion according to the latest numbers from the IDA. This was down a little from $7 billion at the end of 2002.
Client borrowing has basically been in a downward trend in line with the markets. It peaked at $11.9 billion in September 2000, and has been trending down since, bottoming at $6.6 billion in October 2002.
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