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Tag: Household Debt To Assets

Canada

Canadian Wealth Soars Relative To Debt, But Bank Exec Warned This Might Be A Mirage

September 13, 2021

Canadians must be hoping for a recession every year, since they’ve never made more money. A National Bank of Canada (NBC) analysis shows household wealth surged in Q2 2021. Their wealth actually surged so fast, the ratio of debt hasn’t looked smaller in almost 2 decades. The bank expects this to fund a significant spending […]

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