Statistics Canada reports key debt ratio ticked higher in third quarter

OTTAWA — The amount Canadians owe relative to their income ticked higher in third quarter. Statistics Canada says household credit market debt as a proportion of disposable income was 177.5 per cent in the third quarter on a seasonally-adjusted basis. That compared with 177.4 per cent in the second quarter. In other words, Canadians owed nearly $1.78 […]