Statistics Canada says the amount the debt-to-disposable income ratio rose to from 163% to 164.6% in Q2 2015.
For every dollar of disposable income, Canadians owed nearly $1.65 in credit market debt. That includes consumer credit and mortgage and non-mortgage loans.
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Overall, total household credit market debt amounted to $1.874 trillion at the end of the second quarter, up 1.8% from the previous quarter. Disposable income increased by only 0.8%
But, household net worth increased 0.9% in the second quarter as non-financial assets, primarily real estate, rose 1.8%. Net financial assets edged down 0.1%.
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On a per capita basis, household net worth increased to $243,800.