household debt

Economist downplays Canadian household debt

CondoBusiness

Economist downplays Canadian household debt

A noted Canadian economist argues that record household debt levels pose few threats in light of borrowers' healthy net worth, gains in asset value and projected continued low interest rates.
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CondoBusiness

Household debt levels a cause for concern: report

A new report from the International Monetary Fund (IMF) is raising concerns about the stability of Canada’s housing market. According to the global economy forum, Canadian household debt levels are among the highest recorded in Western countries.