Current Canada Households Credit Market Debt to Disposable Income: 174% (-3% vs last year)
Sep 2024
| Historical average: | N/A (it was 86% in 1990) |
The Canada Households Credit Market Debt to Disposable Income ratio is an important economic indicator. Although it doesn’t directly measure the health of the finance and banking industry, it does reflect financial leverage of households, which directly relates to lending activity.
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Source:
- Statistics Canada