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Why household debt might not be the economy killer we thought it was

The Online Finance
By The Online Finance
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Payment shock of rising rates not enough to tip us into recession, study finds

Publishing date:

Aug 03, 2022  •  4 days ago  •  5 minute read  •  15 Comments

Canada ranks in the top 10 among OECD nations for the highest levels of household debt as a percentage of disposable income — above the United States and U.K. Photo by Getty Images

Good Morning!

You can bet that one thing the Bank of Canada is keeping an eye on as it raises interest rates is Canadians’ household debt.

Canada ranks in…

Read more at financialpost.com

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