Statistics Canada reports that household credit market debt as a proportion of disposable income decreased for the third consecutive quarter, reaching 178.7% in Q4. The agency attributes this decline to slower mortgage borrowing. Additionally, household net worth increased by almost 2% to $16.4 trillion, driven by strong performance in financial markets.
Statistics Canada reports that household credit market debt as a proportion of disposable income decreased for the third consecutive quarter, reaching 178.7% in Q4. The agency attributes this decline to slower mortgage borrowing .
Additionally, household net worth increased by almost 2% to $16.4 trillion, driven by strong performance in financial markets.
Statistics Canada Household Debt Disposable Income Mortgage Borrowing Household Net Worth Financial Markets
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