Economics

Household wealth and income rise, but debt climbs too Household wealth and income rise, but debt climbs too

Economic Indicators

Household wealth and income rise, but debt climbs too

Savings rate drops as consumption growth outpaces income gains

By James Langton |December 10, 2021

3 min read

Statistics Canada says debt relative to household income was up in Q3 Statistics Canada says debt relative to household income was up in Q3

Economic Indicators

Statistics Canada says debt relative to household income was up in Q3

The household debt service ratio fell, however, to 13.32% in the third quarter

By The Canadian Press |December 10, 2021

1 min read

Federal banking regulator OSFI holds domestic stability buffer at 2.5% Federal banking regulator OSFI holds domestic stability buffer at 2.5%

Economic Indicators

Federal banking regulator OSFI holds domestic stability buffer at 2.5%

The rate is reviewed twice per year and is tied to the reserves of Canada's largest banks

By The Canadian Press |December 10, 2021

1 min read

U.S. consumer inflation up 6.8% in past year, most since 1982 Fallback Image Decorative pattern

Economic Indicators

U.S. consumer inflation up 6.8% in past year, most since 1982

The Labor Department also reported Friday that prices rose 0.8% from October to November

December 10, 2021

5 min read