Canadian third-quarter household debt-to-income ratio rises

Reuters

Published Dec 13, 2019 09:01

TORONTO (Reuters) - The ratio of Canadian household debt-to-income widened to 174.0% in the third quarter from a downwardly revised 173.4% in the second quarter, Statistics Canada said on Friday.

National net worth rose by 0.1% in the third quarter to C$12.62 trillion ($9.59 trillion), while national net worth decreased to C$334,165 on a per capita basis.