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Canadian Household Debt Has Grown Over 49% Faster Than GDP Since 2005

Canadian real estate prices aren’t the only thing outpacing growth in the rest of the G7, so is debt. New data from the International Monetary Fund (IMF) shows the Canadian household debt to GDP ratio reached a new record high in Q1 2020. The data shows a clear pattern of rapid expansion of the indicator […]

The post Canadian Household Debt Has Grown Over 49% Faster Than GDP Since 2005 appeared first on Better Dwelling.

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