Job losses could be bigger debt risk than interest rates
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Job losses could be bigger debt risk than interest rates

Toronto : Canada | Jul 20, 2012 at 4:05 PM PDT
Source: Canadian Broadcasting Corporation
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Canada's top finance officials have repeatedly warned about the risks of having too much household debt if interest rates rise, but the real risk is a loss of wages due to layoffs, says one Canadian credit counselling service. Consolidated Credit Counseling Services of Canada points out that losing... FULL ARTICLE AT Canadian Broadcasting Corporation
 
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