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Tag: Canadian DSR

Canada

Canadian Households Are Just 0.01 Points From The Mother of All Debt Records

March 29, 2019

Canadian household finances took another hit last year. Statistics Canada (StatCan) numbers show the debt servicing ratio (DSR) is at a multi-year high as of Q4 2018. The amount of income spent maintaining debt is now at a level not seen since 2007. The volume of debt has effectively wiped out the household benefit of […]

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