Household debt ratio edged lower in second quarter: StatCan

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Statistics Canada says household income grew slightly faster than debt in the second quarter, resulting in a slightly lower debt-to-income ratio.

Published Friday, September 13, 2019 9:39AM EDThousehold income grew slightly faster than debt in the second quarter, resulting in a slightly lower debt-to-income ratio.

In other words, Canadians owed roughly $1.77 in credit market debt, which includes consumer credit, mortgages and non-mortgage loans, for every dollar of household disposable income.

 

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You mean the StatCan that is in Trudeau's pocket. StatCan is no longer a reliable source. Trudeau's corruption has spread out.

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