Canadians’ household debt outpaced income growth in fourth quarter, Statistics Canada says

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Canadians’ household debt outpaced income growth in fourth quarter, Statistics Canada says
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Seasonally adjusted household credit market debt, as a proportion of disposable income, increased to 178.5 per cent in the fourth quarter

Justin Tang/The Canadian Press

The agency says that seasonally adjusted household credit market debt, as a proportion of disposable income, increased to 178.5 per cent in the fourth quarter. That compared with a revised reading of 178.3 per cent in the third quarter.

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