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Tag: Bank for International Settlements

Canada

Canadians Dedicate More Income To Debt Payments Than Any Other G7 Country

December 24, 2021

Canadian households are some of the most indebted in the world, with payments to match. Bank for International Settlements (BIS) data shows household debt service ratio (DSR) in Q2 2021. The DSR is the share of disposable income used for debt repayment, in aggregate. Canadians spend more than a tenth of their income repaying this […]

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