[New post] Canadian Households Now Have $2.5 Trillion In Debt, Over 102% of GDP

Daniel Wong posted: " Canadian households are now so indebted, it exceeds the annual output of the economy. Statistics Canada (Stat Can) data shows the gross domestic product (GDP) printed modest quarterly growth in Q2 2021. The growth was dwarfed by household debt, which now" New post on Better Dwelling Canadian Households Now Have $2.5 Trillion In Debt, Over 102% of GDP by Daniel Wong Canadian households are now so indebted, it exceeds the annual output of the economy. Statistics Canada (Stat Can) data shows the gross domestic product (GDP) printed modest quarterly growth in Q2 2021. The growth was dwarfed by household debt, which now exceeds the size of the country's GDP. Economies with such large household debt loads […] Read more of this post Daniel Wong | September 27, 2021 at 1:29 pm | Tags: Canadian Real Estate Prices, Toronto Real Estate Prices, Vancouver Real Estate Prices | Categories: Canada | URL: https://wp.me/p4nriD-4Kr Comment    See all comments Unsubscribe to no longer receive posts from Better Dwelling. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://betterdwelling.com/canadian-households-now-have-2-5-trillion-in-debt-over-102-of-gdp/