The amount of debt held by Canadian households has been rising for about 30 years, not just in absolute terms but also relative to the size of the economy. At the end of last year, Canadian households owed just over $2 trillion. Mortgages make up almost three-quarters of this debt. While debt is …
The post <b>Canada’s</b> Economy and Household Debt: How Big Is the Problem? appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/canadas-economy-and-household-debt-how-big-is-the-problem/
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