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Canadian Household Credit Slows, As Consumer Credit Growth Plunges Lower

Canadians are still borrowing a lot, just not for anything other than mortgages. Bank of Canada (BoC) data shows household debt held by institutions reached a new all-time high in November. All of the monthly increase was due to mortgages however, as consumer credit fell. Canadian Households Have Over $2.2 Trillion In Mortgage Debt Canadian […]

The post Canadian Household Credit Slows, As Consumer Credit Growth Plunges Lower appeared first on Better Dwelling.

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