Tag: US Household Debt

Canada | US

Canadian Household Debt Now Mirrors US Before The 2008 Crash

December 11, 2025

Canada’s national statistics agency quietly dropped a Christmas gift for analysts this morning. Statistics Canada (StatCan) data shows household debt-to-income (DTI) climbed sharply in Q3—but the real insight was a bonus DTI normalized for US comparison. The agency notes that American households saw their ratio peak in 2007, while Canadians kept piling on debt until […]

Canada

Global Households Are Deleveraging. Canada Is Loading Up On Debt: BMO

December 10, 2025

Global household debt is falling, but Canada is bucking the trend—and it’s not good news. The Institute of International Finance’s (IIF) latest update shows global household debt-to-GDP fell in Q3 2025, continuing a general trend since the financial crisis. BMO Capital Markets warns Canada is one of the few exceptions, with its households now the […]