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Toronto Households Have Over $384 Billion In Debt, and Over 80% Is Tied To Real Estate

Toronto Households Have Over $384 Billion In Debt, and Over 80% Is Tied To Real Estate
May 23, 2018

Toronto real estate debt has been soaring, but how much other debt do households have? Equifax numbers from the Canada Mortgage and Housing Corporation (CMHC) show that the majority of debt is real estate related, but there’s still a whack of consumer debt. When broken down into payments, consumer debt requires nearly as much cash […]

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