OTTAWA - Statistics Canada says the amount Canadian households owe outpaced income for the sixth straight quarter.
OTTAWA - Statistics Canada says the amount Canadian households owe outpaced income for the sixth straight quarter.
The agency says the seasonally adjusted ratio of household credit market debt as a proportion of household disposable rose 0.9 percentage points to 179.6 per cent in this first quarter of this year.
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Canadian household wealth rose again to more than $18.6 trillion thanks to strength in both stocks and real estate
But household debt is ratcheting up again, according to Statistics Canada’s third quarter national balance sheet, released…
Canada’s residential mortgage debt surpassed $2.4 trillion in January 2026, scaling new highs, according to CMHC data. Read more
Canadians are increasingly struggling to pay their mortgages, particularly in high-priced Ontario and British Columbia markets, a…
Wealth of Canada's households grew 1.5% in the second quarter with financial assets a key driver of that continuing growth. Read…
Des risques systémiques semblent persister, note la firme, même si les Canadiens font preuve de discipline financière.
Many Canadians have hit a "financial inflection point," says a new report from Equifax Canada. Read more
