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Canadian Households Debt Service Ratio Hits New High

Canadian households are feeling the pinch of rising interest payments. The debt service ratio, a measure of how much household income is going towards servicing principal and interest payments, ticked higher in Q4 2018. The debt service ratio topped a record high of 14.9% last quarter. The Canadian debt story is well known, and has […]

The post Canadian Households Debt Service Ratio Hits New High appeared first on Vancity Condo Guide – Steve Saretsky.

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