Canadians’ household debt burden rises slightly in the first quarter
June 12, 2025
Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.The agency says the ratio of household credit market debt to disposable income rose to 173.9 per cent on a seasonally adjusted basis, up from 173.5 per cent in the fourth quarter of 2024.
Unpublished Newswire
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