To absolutely no one’s surprise, Canadian households continue to pile on more debt, reports Maclean’s.
To absolutely no one’s surprise, Canadian households continue to pile on more debt, reports Maclean’s.
The level of credit-market debt to disposable household income hit an all time record of 163.3% in the fourth quarter of 2014.
Canadians know they have a debt problem and even say their top priority is to pay down debt instead of saving for retirement.
For more on the story, visit the Maclean’s website.
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