The latest figure for the household debt ratio shows Canadians’ burdens have remained in record-breaking territory at 170.4%
Canada’s banks now are holding more capital as a safety buffer than they were 10 years ago
There’s no way to know if the debt-to-income ratio has climbed too high, analysis says
Total household credit market debt amounted to $2.13 trillion
The central bank estimates the economy may be as much as 50% more sensitive to a given rate of interest than it was about a decade ago
The proportion of riskier uninsured mortgages is on the rise, and longer auto loan terms point to greater borrower vulnerability
Report warns of domestic risk
From credit card debt to a mortgage, retirees struggle with expenses
The strong performance of Canadian credit card trusts should continue
Low interest rates have encouraged households to take on debt