Statistics Canada Says Household Debt-to-Income Ratio Climbed Higher in Third Quarter

Statistics Canada Says Household Debt-to-Income Ratio Climbed Higher in Third Quarter
Statistics Canada building and signs are pictured in Ottawa in a file photo. The Canadian Press/Sean Kilpatrick
|Updated:
0:00
Statistics Canada says the amount Canadian households owe relative to their income rose in the third quarter.

The agency says household credit market debt as a proportion of household disposable income increased to 183.3 percent on a seasonally adjusted basis in the third quarter compared with 182.6 percent in the second quarter.