US EditionHousehold debt-to-income ratio ticked higher in Q2: Statistics Canada
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15 Articles
Household Debt-to-Income Ratio Edges Upward in Second Quarter: StatCan
The level of debt that Canadians owe in relation to their income rose in the second quarter, as the increase in debt outpaced income growth, new data from Statistics Canada suggests. The proportion of household credit market debt relative to disposable income increased to 174.9 percent on a seasonally adjusted basis, marking an increase of 1.1 percent, StatCan reported this week. “In other words, there was $1.75 in credit market debt for every d…
The amount of Canadians' debt relative to their income increased slightly in the second quarter, reports Statistics Canada.
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Household debt-to-income ratio ticked higher in Q2: Statistics Canada
OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked higher in the second quarter as debt grew faster than income. The agency said the ratio of household credit market debt to disposable income rose to 174.
The latest data from Statistics Canada shows that Canadian household debt-to-income ratios increased further in the second quarter of 2025. Meanwhile, a report released by Canada's Parliamentary Budget Officer (PBO) indicates that wealth distribution in the country continues to be highly concentrated.
According to Statistics Canada, the amount of Canadians' debt relative to their income increased slightly in the second quarter, with debt growing faster than income.
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