The ratio of Canadian household debt-to-income narrowed to 179.5 per cent in the third quarter from a downwardly revised 179.9 per cent in the second quarter, Statistics Canada said on Wednesday.
Debt-to-income narrowed to 179.5 per cent in the third quarter, agency said
Thomson Reuters ·
A Statistics Canada building sign is pictured in Ottawa on Wednesday, July 3, 2019. The ratio of Canadian household debt-to-income narrowed to 179.5 per cent in the third quarter from a downwardly revised 179.9 per cent in the second quarter, Statistics Canada said on Wednesday. (Sean Kilpatrick/The Canadian Press)
The ratio of Canadian household debt-to-income narrowed to 179.5 per cent in the third quarter from a downwardly revised 179.9 per cent in the second quarter, Statistics Canada said on Wednesday.
National net worth was essentially flat in the third quarter at $18.35 trillion ($13.52 trillion), while national net worth decreased to $453,768 on a per capita basis.