Canada revisions show household debt much bigger than thought
Linkedin

Canada revisions show household debt much bigger than thought

Ottawa : Canada | Oct 15, 2012 at 8:37 AM PDT
Source: Turks and Caicos Free Press
XX XX
Views: Pending
 
Canadian household debt is far higher than previously thought relative to income, Statistics Canada 's historical revisions showed on Monday, heightening pressure on policy makers to address what they have called the biggest domestic danger to the economy. FULL ARTICLE AT Turks and Caicos Free Press
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
Advertisement
 
Advertisement
 

News Stories

 
  • Canada housing market cools as household debt grows

    Turks and Caicos Free Press
    A home is put up for sale in downtown Montreal, July 14, 2009. Canadian home sales fell sharply in September from a year earlier while households pile on debt and business sentiment slumps, according to downbeat data on Monday that suggested a...
  • Household debt surpasses levels foreshadowing U.S. housing bust

    The Globe & Mail
    Market View A customer exits a Citibank branch at 40th St. and Broadway in New York. AP Market View Vancouver condos Let's Talk Investing Debt growth dynamics over the last decade look eerily similar to the U.S. experience, just before their dramatic...
  • Canada Household Debt Hits Record

    Asian Wall Street Journal
    Statistics Canada said Monday, leading economists to warn of heightened risks to the domestic economy. The data agency indicated the ratio of household credit-market debt to disposable income hit 163.4% in the April-to-June period, an increase from...
  • Canadian firms retrench as sales prospects dry up

    The Globe & Mail
    Market View Mark Carney, Governor of the Bank of Canada, holds press conference at the National Press Theatre in Ottawa on Wednesday, July 18, 2012. Economy Many (mostly large) firms reported having recently completed significant projects and noted...

More From Allvoices

 
Tap_logo_330_110_event
 


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.