Canadians are binging on cheap debt. Interest rates are at historic lows and household debt at record highs. Earlier this year, Canada topped the charts of G7 countries with the highest “debt to disposable income” ratio, recently clocked at 167 percent; for every dollar of after-tax income Canadians make, we owe $1.67 to someone else, […]
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Calculated Thought: Matters of interest |
