OTTAWA, Sept. 11 (Xinhua) -- Canadian household debt-to-income ratio fell to 158.2 percent in the second quarter this year from the previous quarter's 175.4 percent, Statistics Canada said Friday.
It meant that Canadian households owed 1.58 Canadian dollars (1 Canadian dollar is about 0.76 U.S. dollar) for every dollar they spent as of the end of June, the lowest since 2010.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!