Debt

Household debt-to-income ratio fell in first quarter: Statscan Household debt-to-income ratio fell in first quarter: Statscan

Economic Indicators

Household debt-to-income ratio fell in first quarter: Statscan

The household debt service ratio also fell while the household savings rate rose

By The Canadian Press |June 11, 2021

2 min read

Finance Department reports preliminary deficit of $314B for last fiscal year Fallback Image Decorative pattern

Economic Indicators

Finance Department reports preliminary deficit of $314B for last fiscal year

The unprecedented figure was caused by an equally unprecedented economic shock

By The Canadian Press |May 28, 2021

2 min read

Rising interest rates could dampen stimulus impact: PBO Fallback Image Decorative pattern

Economic Indicators

Rising interest rates could dampen stimulus impact: PBO

The PBO estimate that budget deficits over the next five years will be $117.1 billion more than pre-budget forecasts

By The Canadian Press |May 27, 2021

4 min read

Bank of Canada warns of risks from household debt and housing market Fallback Image Decorative pattern

Economic Indicators

Bank of Canada warns of risks from household debt and housing market

In its latest report, the central bank raised concerns about Canada's heated housing market

By The Canadian Press |May 20, 2021

3 min read