debt-to-income ratio

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Statistics Canada reports household debt-to-income ratio ticked higher in Q1

June 12, 2025 No Comments

Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.

Youngest households reduce mortgage debt

Under-35 households lead the way in reducing mortgage debt, StatCan reports

January 25, 2024 1 Comment

Canada’s youngest demographic of homeowners is the only group to have reduced their mortgage debt since rates started rising in 2022.

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