The agency says, on a seasonally adjusted basis, household credit market debt as a proportion of household disposable income fell to 182.5 per cent compared with the record 185.0 per cent in the previous quarter.
In other words, it says there was $1.83 in credit market debt for every dollar of household disposable income in the first quarter. The decrease came as household credit market debt grew 2.0 per cent, but household disposable income gained 3.3 per cent.The household debt service ratio, measured as total obligated payments of principal and interest on credit market debt as a proportion of household disposable income, was 13.48 per cent in the first quarter, down from 13.72 per cent in the fourth quarter of 2021.
No. It's not the reality.
Hahahahaha! Who the fuck is buying this shit!?
Hahaha...okay.
Not for me
Income rose for….politicians. Yeah definitely! Theres no rent freeze. Grocceries went up. Everything went up BUT OUR INCOME.
Thats a lie
Who's writing this nonsense?
My income didn't go up, am I missing something 😕
Which Canadian’s my guy?
Where?
That's because we have so fucking many government workers!
Lmfao yeah as our dollar is worth less and less. Prepare for the recession Canada! JustinTrudeau ready to make us suffer!
Where is this bs coming from? There are a lot people one pay cheque away from broke. You must be talking about Trudope and his buddies.
And after taxes most are at the poverty line lol
AnnieClaireBO As fast as inflation?
AnnieClaireBO As fast as inflation is? 🤨
Trudeau and Biden at work.
Where was I, and I worked through it all.
Not for the people that lost jobs due to mandates. I STILL cannot get my job back as shelter workers remain mandated.
Complete and utter BS.
Because people were laid off errrr, I don’t think people earned more
Does that mean canadian consumers are waking up from their traumatized spending spree
I don't believe it
Lies, Damned Lies, and Statistics - Mark Twain
Income? For who? Pfzer, Walmart, Uber and Amazon CEOs , get da fuck outta here
Fuckery. So lock down society for 2 years fire people was collapse then open up society watch it rebound a tiny sliver and call it a success recovery! The sheep eat it up.
Gov gave themselves raises again?
What a load of shite.
Huh? For who?
Mine sure as hell didn’t!
Income for who? Politicians & big box CEO’s?
This is an offensive lie.
Some recruiters still think they can pitch me at 2015 salaries lol
People getting kicked off cerb lol
Stats Canada where Chairman Wayne Smith resigned shortly after Liberals 1st victory. Smith complained of Liberal interference.
Smh!!!
BULLSHIT. The only ones whose 'income rose' were those who were pushing the big pharma & big governments lies.
Bull...
You’re having a LAUGH what increase 🤣🤣
Then it all got wiped out by rising inflation , gas prices , mortgage rates and housing prices. So we’re actually in the negative. Don’t pretend this is a good thing.
Now do one about real income.
BS.
But inflation rose even faster.
Ken34205423 Do only bots look at you ?
Bloody Trudeau. All his fault for growing incomes!
that has to be a LIE as well ...... GFY cp24
But not faster than cost of living... amarite? Data Spin Language Politics Media
...and inflation quickly eliminated that income increase.
Commie Propaganda 24 always chirping for the woke math
Don’t believe your captor.
Thunder Bay. Hello.
You reach the level of 'Pravda', old soviet propaganda.
Didn't the CEO of Stats Canada resign because of Trudeau government interference?
You left out the part where your old numbers come from a period of lockdown where debt was massively increasing over income. A few percentage swing in the opposite direction does not show growth... also income and savings/investing returns dont compete with Trudeau's inflation.
LMFAO!!! For who? Government and the rich lol
P R O P A G A N D A
Is this compared to previous quarter when people were in lockdown and many couldn’t work or find work? These generic statements without any context are misleading and biased.
Yeah right
Lmao try now. Fucking jokers.
More to blame on Trudeau! Oh wait, that's good, right? The Con artists will turn it into something bad as part of their quest to Make Canada White Again.
Donkey's IQ smarter than average CP24 reader. Readers IQ below 85 for believing this babble/ no dear, your income did not go up faster than inflation, not even close....
That won’t be the case for the second quarter. Families are starting to get hit hard with inflation, economy going to start to slow and jobs will soon start to disappear. Trudeau doesn’t give a rats ass as long as he can screw everyone on this Woke Green Agenda.
🤣🤣 not for long.
Lol. 'But much slower than Trudeauflation' That's where the issue is.
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