Mortgage debt rebounds alongside housing market; credit card debt climbs too
Inflation has hit younger Canadians hardest
Mortgage debt growth slowed in 2022, credit card debt accelerated
Capital markets have mixed effects on banks' revenues
Mortgage debt growth remains sluggish alongside weaker housing markets, StatsCan finds
Mortgage growth slowed but household credit card use is surging
Card metrics remain improved from last year, and ahead of pre-pandemic levels
Both mortgage and non-mortgage debt rose in April
For some households, rising interest rates and inflation may require a budget overhaul
Credit card debt rises for second straight month, outpacing mortgage growth