Canadian dollar coins, or loonies, are pictured in North Vancouver, B.C., on May 29, 2019. Statistics Canada says Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter. The Canadian Press/Jonathan Hayward
Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday.
In other words, household debt as a percentage of disposable income rose to 170.7 percent in the third quarter, up from 162.8 percent in the second quarter, the agency said.
