Consumers have added $45 billion of non-mortgage bank debt over the past 24 months (loans, credit cards and lines of credit), according to data from the Bank of Canada. What about Canadian corporate and...
The Bank of Canada raised interest rates again this week, and Governor Mark Carney’s decision seems to have gone over just fine. Whew. As promoters of his role in even higher office, it is...
Is the consumer up to his/her eyeballs in debt? Depends upon whether you are thinking on a gross or net basis. Looking at the corporate loan books of the Canadian banks (see prior post...
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