Skyrocketing Debt-to-Income Ratio

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    Jelani Smith

    Debt-to-Income Ratio Ticks up to 164.6%, StatsCan

    “Canada’s debt-to-income ratio rose to 164.6 per cent at the end of June, from 163 per cent at the end of March, Statistics Canada reported Friday. It marks the biggest jump in the ratio since 2011, and it’s now at its highest level on record.”

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