household debt | The Epoch Times

Household Debt Hits Record High of $14.1 Trillion

U.S. household debt set a new record in the final quarter of 2019, the Federal Reserve Bank of New York said in a report (pdf) on Tuesday, climbing to a historic ...

February 11, 2020BY Tom Ozimek

Canadians Household Debt Hits $1.8 Trillion, Agencies Issue Domestic Risk Warnings

TORONTO—Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning ...

March 13, 2018BY The Canadian Press

Canadian Household Debt Hits Another Record in Fourth Quarter

OTTAWA—The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada ...

March 15, 2017BY The Canadian Press

Canadians’ Debt Keeps Rising as Wealth Grows

OTTAWA—Canadians owe $1.67 in credit market debt—mortgages, other loans, and consumer credit—for every dollar of disposable income. Statistics ...

December 14, 2016BY The Canadian Press

Canadian Household Leverage, Credit Growth Slowly Easing

As far as the high level of Canadian household debt goes, the Bank of Canada’s surprise rate cut ...

July 1, 2015BY Rahul Vaidyanath

Household Debt Is a National Crisis

Years after Toni Potter’s husband died from pancreatic cancer, debt collectors in her state of Washington were still ...

March 27, 2015BY LeeAnn Hall

Canadian Households’ Elevated Debt Levels a Key Financial Stability Risk

The Bank of Canada again sounded the warning of elevated household debt levels in its latest Financial System ...

December 10, 2014BY Rahul Vaidyanath