Canadian Mortgage Debt Hits A New Record, $1.56 Trillion Outstanding – Ellie Pourian

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Just one quarter ago, Canadians had $1.36-trillion in debt, bumping up their debt by 4.5% from the third quarter of 2013.

Canadian consumer debt as a percentage of after-tax income is at the highest level in history. stats canada research indicates that consumer debt including mortgages now exceeds 160% of disposable income, which is about twice the levels seen in 1990. Total Canadian consumer debt is up 7.7% to over $1.5 trillion for the year ending 2014.

Canadian consumer debt, including mortgages hits .53 trillion: Equifax CP TORONTO – Consumers are continuing to pile on debt despite economic uncertainty created by the sharp drop in oil prices.

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Canadian Mortgage Debt Hits A New Record, $1.56 Trillion Outstanding Tue – 4 Jun – 3:03 am

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Consumers are continuing to pile on debt despite economic uncertainty created by the sharp drop in oil prices.. The Canadian Press. including mortgage debt, rose to $1.529 trillion at the.

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Credit monitoring agency Equifax says consumer debt, including mortgage debt, rose to $1.529 trillion at the end of 2014.That was up 7.7 per cent from $1.42 trillion at the end of 2013, including.

The Boston Globe – December 14, 2017 . ).