Quantcast
Channel: household – NEWS 1130
Browsing latest articles
Browse All 7 View Live

Canadians carrying record-high debt in wake of recession

VANCOUVER (NEWS1130) – Canadians are carrying record-high household debt and our incomes aren’t keeping up, a new survey finds. The survey by Canada’s Certified General Accountants says that if...

View Article


Taxes cost families more than food, clothing, shelter: study

VANCOUVER (NEWS1130) – If your household budget was a pie, who would grab the biggest piece? It wouldn’t be you! A new report from the Fraser Institute finds the average Canadian family gives most of...

View Article


Key household debt ratio creeps lower in first quarter to 168.0 per cent

OTTAWA – The amount Canadians owe relative to their income crept lower for the second quarter in a row as mortgage borrowing slowed along with a cooler housing market. Statistics Canada said Thursday...

View Article

CMHC says Canadians debt levels hit record highs at end of last year

TORONTO — Canada Mortgage and Housing Corp. says household debt reached a record high at the end of last year while mortgage activity slowed compared to a year earlier. The federal housing agency says...

View Article

Statistics Canada says household debt ratio edged lower in second quarter

OTTAWA — Statistics Canada says household income grew slightly faster than debt in the second quarter, resulting in a slightly lower debt-to-income ratio. The agency says credit market debt as a...

View Article

Browsing latest articles
Browse All 7 View Live