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Economics4h 3m ago

Statistics Canada reported that the amount Canadian households owe outpaced income for the sixth straight quarter.

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OTTAWA

Who
Statistics Canada
What
Statistics Canada reported that the amount Canadian households owe outpaced income for the sixth straight quarter.
When
Fri, 12 Jun 2026 13:43:07 GMT · 4h 3m ago
Where
OTTAWA ·
Why
The seasonally adjusted ratio of household credit market debt as a proportion of household disposable income rose 0.9 percentage points to 179.6 per cent in the first quarter of this year.
The Frontline Impact

How this affects you

Canadian households now owe $1.80 for every dollar of disposable income, indicating a growing debt burden that could affect individual financial stability and broader economic health.

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2 events in this thread
  1. Economics3h 38m ago
    Statistics Canada reported that Canadian household debt continued to outpace income for the sixth straight quarter.
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  2. Currently Reading4h 3m ago
    Statistics Canada reported that the amount Canadian households owe outpaced income for the sixth straight quarter.

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