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Record levels of Canadian household debt in Q3 - StatsCan

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Ephraim Vecina | 19 Dec 2016, 08:15 AM Agree 0
Other experts predict a slowdown in the pace of household debt growth next year, however
  • Dizzy | 19 Dec 2016, 11:23 AM Agree 0
    Weather the debt levels increase or not is irrelevant. If interest rates increase this massive debt level will no longer be manageable. If interest rates remain low then the debt levels will probably increase. Either way this is the path to a recession as bad or worse then the US experienced back in 2008.

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