Wednesday, 15 July, 2020

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Canadian Household Debt Is Growing, But There’s An Unusual Divergence


Canadian household debt is seeing growth accelerate once again, and it’s entirely due to mortgages. Bank of Canada (BoC) numbers show the balance of household credit at intuitional lenders reached a new record high in August. The growth was largely led by mortgage debt, which is beginning to accelerate. On the other hand, consumer credit […]

The post Canadian Household Debt Is Growing, But There’s An Unusual Divergence appeared first on Better Dwelling.