Canada Q2 household debt-to-income ratio widens to new record high
10:28 am Monday, September 12th, 2022
Sept 12 (Reuters) – The ratio of Canadian household debt-to-income widened to a record 181.7% in the second quarter from an downwardly revised 179.3% in the first quarter, Statistics Canada said on Monday.
National net worth rose by 0.2% in the second quarter to C$17.65 trillion ($13.58 trillion), while national net worth increased to C$455,401 on a per capita basis.
($1=$1.2998 Canadian)
(Reporting by Dale Smith)
