Canadian Household Debt Levels Still not Near Those of U.S. Peak

Ever since our household debt to income ratio climbed above 150 per cent, people have been worried about this country. Not just by the amount of debt we’ve taken on, but seemingly even more so by the fact that this debt is dangerously close to where those debt levels were in the U.S. in 2007 before they crashed.

via Canadian Household Debt Levels Still not Near Those of U.S. Peak | Canadian Mortgages Inc..

Canadian household debt ratio falls as consumers heed warnings about borrowing too much (business.financialpost.com)
Canadian household debt exaggerated, bank argues (vancouversun.com)

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Canadian Household Debt Levels Still not Near Those of U.S. Peak

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